QUOTE: Originally posted by Junctionfan White knights protect the kingdom from being set in flames.
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QUOTE: Originally posted by M.W. Hemphill ... and laws had to be written first to make it legal, too.
QUOTE: Originally posted by M.W. Hemphill Kevin: What I believe you were proposing is a compulsory spin-off. The U.S. government is highly restricted in its authority to compel a private company to either acquire a unit, or dispose of a unit. If you wanted a compulsory spin-off of a UP component, your first problem is that the laws don't exist to give the government the authority to do this. There's little to prevent UP's owners from approving a voluntary spin-off, however. You could either purchase enough control of UP to do what you wanted with it, or, you could convince the owners that it was in their best interest. Under current U.S. law, these are your only viable options.
QUOTE: Originally posted by M.W. Hemphill What's to debate? The split would have to be compelled by the federal government. Since no law exists that authorizes that compulsion, that law would have to be created through a bill introduced in Congress, which would have to pass and be signed into law by the President. Then you'd be off to the courts to argue its constitutionality. As the U.S. Constitution is presently construed and interpreted, I am in great doubt that such a law would be upheld by the courts. The potential that law would have for creating mischief would push just about every corporation, union, and public advocacy group right into the courts, too. Or did you want us to set all that aside for the moment -- even though without that proviso all discussion is academic and fantastic -- and talk about advantages and disdvantages of a split? First, may I suggest it would be more appropriate to debate the existing law on mergers and anti-trust, and see if that needs to be modified in the general case, before we charge off into a specific case where we're likely to drown in detail of circumstance?
QUOTE: Originally posted by Junctionfan I don't know how you do things in the U.S but in Canada public education work rather well. So does public health and some medicare. Ontario Northland isn't too bad and most of the hydro companies other than Ontario Hydro, are not bad either. There is alot of things over in Canada that run good or good enough by the government. In Ontario, liquor is distributed by the LCBO-Liquor Control Board of Ontario-so youths can't get easy access to alchol. We pay alot of taxes but it is worth it. You may pay alot of taxes in your life but heart surgury, children's education from Kindergarden to Grade 12, certain medicines are free. If it works for Canada who has a smaller population and less GDP than the U.S, why wouldn't work for a more wealthy country like the U.S?
QUOTE: Originally posted by agentatascadero Let's see: capitolism values Money, socialism values.... people. When capitolism "commoditizes" us all to the grave, where is the value of all the money which was made in doing so? Unfettered business is in no way user (spaceship earth) friendly.
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