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Our Congress passes laws which subsidize corporation farms, oil companies, airlines, and houses for suburbia. But when they turn their attention to the poor, they suddenly become concerned about balancing the budget and cut back on the funds for Head Start, Medicare, and mental health appropriations.
The FHA literally drew up the redlining map and then basically distributed - I'm sorry, the Home Owners' Loan Corporation actually did it, and then distributed to banks who used that as policy to determine how they would lend and who they would lend to. The racism in the system was pervasive and total.
Benito Mussolini created the word 'fascism.' He defined it as 'the merging of the state and the corporation.' He also said a more accurate word would be 'corporatism.' This was the definition in Webster's up until 1987 when a corporation bought Webster's and changed it to exclude any mention of corporations.
First of all, a giant corporation probably shouldn't be being hacked by teenagers. I put that on the corporation, not the teenagers. Teenagers are going to do what teenagers are going to do - rebelling. But if they're able to hack a big corporation, that seems like the corporation should be better at security.
Remember one thing about ESPN: People can be critical of them sometimes for being a large corporation but nine years ago I had a stroke and I couldn't talk. That's the way I made my living. ESPN could've dumped me very easy, but they didn't. They helped me and presented me an opportunity to get back on the air.
With every story that TV covers, somebody - some corporation, some shareholders - are making money. That's true whether covering Libya, Iraq, the tsunami in Japan, Osama bin Laden, whatever story there is. That day, the shareholders are making money off it. Every newspaper that's sold, somebody's making a dime.
In 1978, we adopted a new Bankruptcy Code in the United States, and a principal part of this was designed to adjust to the new corporation, to find ways to let a corporation that had gotten into financial trouble reorganize itself. A big part of the selling point on this bankruptcy law was, 'It will preserve jobs.'
Ivanka Trump's declared mission to 'empower women who work' is a welcome element in the Trump administration. As a woman with a desk in the White House and the founder of an international corporation, she is certainly in a position to improve the wages, safety, and quality of life of working women around the world.
Jobs, as such, are a relatively new concept. People may have always worked, but until the advent of the corporation in the early Renaissance, most people just worked for themselves. They made shoes, plucked chickens, or created value in some way for other people, who then traded or paid for those goods and services.
Now an audience of more than 1 billion people is only a click away from every voice online, and remarkable stories and content can gain flash audiences as people share via social networks, blogs and e-mail. This radically equalizes the power relationship between, say, a blogger and a multibillion dollar corporation.
Now, we used to think the brain was like a computer. But now, we realize that's not true. There's no programming of the brain. There's no Windows. And we think the brain is more like a large corporation. Because think of the unconscious mind. In a corporation, you have subdivisions which operate independently of the main office.
I worked for a big corporation for a decade for the majority of my youth. Now I really like the opportunity to essentially play my music on as many brands and stuff as I can, and Ring of Honor and Impact have been exceptional. They have been exceptional about that; there has been no pushback. It's all lined up exactly how we hoped.
The public may admire a corporation for its impressive size. Who in the United States doesn't? But when a business, however gigantic, gets smug enough to believe that it is sufficient only to match competition on trivial points instead of leading competition in valid matters, that business is becoming vulnerable to public disfavor.
When an industry matures, it means it's not advancing, and of course the jobs go overseas. That's the obligation of the multi-national corporation: to put the factory where it can make the widget as cheap as possible. Don't get angry when a corporation does that; we've all bought into this concept. We live in a capitalistic society.
We've been prepared to make the arguments for lowering corporation tax, which is all about encouraging risk takers, encouraging entrepreneurs, and I observe that for the vast majority of the Labour government we had a top rate of 40 per cent income tax. It's now higher, and I think we should look to get to a simpler, lower tax system.
It cannot be said that the Constitution formed 'the people of the United States,' for all time, into a corporation. It does not speak of 'the people' as a corporation, but as individuals. A corporation does not describe itself as 'we,' nor as 'people,' nor as 'ourselves.' Nor does a corporation, in legal language, have any 'posterity.'