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Tuesday, January 15, 2008

Of big business, by big business, and for big business

Once more, the Bush court proves it is on board with government of big business, by big business, and for big business:

WASHINGTON (AP) -- The Supreme Court on Tuesday curbed investor lawsuits against businesses accused of scheming fraudulently to inflate stock prices.

In a 5-3 ruling, the court gave a measure of protection from securities suits to suppliers, banks, accountants and law firms that do business with publicly traded companies.

The court ruled against investors who accused two suppliers of colluding with Charter Communications Inc. to deceive Charter's stockholders and manipulate the price of the cable TV company's stock.


Businesses, for all the wrong reasons, are treated by the courts as if they were people -- except the courts also give them special privileges as businesses, so they end up being super people. The rest of us can't compete.

I think I'm going to incorporate.

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