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Title: The Moneysburg Address
Source:
Naked Capitalism
URL Source: http://www.nakedcapitalism.com/2011/07/the-moneysburg-address.html
Published: Jul 11, 2011
Author: Yves Smith
Post Date: 2011-07-11 11:12:11 by lucysmom
Keywords: Corporate Persons, Free Market, Liberty
Views: 10212
Comments: 18
Remarks rumored to have been delivered by Justice Antonin Scalia at an Opus Dei gathering on July 4, 2011
Eleven score and fifteen years ago our Incorporators brought forth on this continent, a new nation, conceived in free markets, and dedicated to the proposition that all corporate persons are created equal.
Now we are engaged in a great financial and legal crisis, testing whether those markets, or any markets so conceived and so dedicated, can long remain totally free. We are met on an inflated balance sheet of that crisis. We have come to extend a mighty portion of assets, as a book value preserving holding place for corporate persons who finessed enormous fortunes through beggaring men and women so that those corporate persons might prosper. It is altogether fitting and proper that we, the free market acolytes of corporate persons, should do this.
But, in a larger sense, we cannot hypothecate — we cannot market rate — we cannot estimate – these assets. The financially engineered persons, living free on the indebtedness and taxes of men and women, are the true heroes who innovated here. They have hypothecated and traded these derivatives far beyond our poor imaginations to do more than extend and pretend. The world will little note, nor long remember what we say here, but it can never forget what they did here. It is for us their nominal trustees, rather, to be dedicated to the unfinished work that they who morally hazarded and secreted away so much have thus far so nobly advanced. It is for us to be here dedicated to the great task remaining — that from these free and mighty and untaxed persons we take increased devotion to that cause for which every day they insist on the last full measure of Constitutional personhood — that we here highly resolve that these legal persons shall not have incorporated in multiple jurisdictions in vain — that our free markets, under Mammon, shall have a new birth of corporate freedoms — and that government of the persons, by the persons, for the persons shall not perish from the earth.
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#1. To: Badeye, A K A Stone, hondo68, Fred Mertz, Godwinson, go65, war, no gnu taxes, Skip Intro, ferret mike, jwpegler, brian s, mcgowanjm, Capitalist Eric, Mininggold (#0)
Fall on your knees and worship the god of the free market.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
#2. To: lucysmom (#1)
Nothing but gibberish, which is what we've come to expect from you. Brain stem living at its finest...
"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899
#3. To: jwpegler (#2)
Nothing but gibberish, which is what we've come to expect from you. Brain stem living at its finest...
Why don't you show the people here where in the world there exists a totally free market. You can also explain what qualifies it as such.
#4. To: jwpegler (#2)
Nothing but gibberish, which is what we've come to expect from you. Brain stem living at its finest...
While true, it is slightly amusing watching goofy pretend to have a clue about such topics.
Proxy IP's are amusing.....lmao
#5. To: lucysmom (#1)
Fall on your knees and worship the god of the free market.
It's Socialism for the Top 50 000.
Free Markets for the Bottom 90%...8D
#6. To: mininggold (#3)
Why don't you show the people here where in the world there exists a totally free market. You can also explain what qualifies it as such.
"Somalia is a pure free market,"
news.bbc.co.uk/2/hi/4017147.stm
For some reason, advocates of a free market unencumbered by government persist in rejecting this real world model of the ideal.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
#7. To: jwpegler (#2)
Don't be too harsh on loonymom/smininggold, she's lost without war being around to work her moving parts.
war has to do something for entertainment. The voices in his head aren't speaking to him and his imaginary friends have found reasons not to come over anymore.
#8. To: lucysmom (#6)
You are not strengthening your argument against a free and fair market by referencing the socialist, government run BBC, two-face.
war has to do something for entertainment. The voices in his head aren't speaking to him and his imaginary friends have found reasons not to come over anymore.
#9. To: mininggold (#3)
Why don't you show the people here where in the world there exists a totally free market.
The Internet is generally the most unregulated market in the world, although governments are increasingly trying to get their grubby fingers all over it.
"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899
#10. To: lucysmom (#1) (Edited)
Fall on your knees and worship the god of the free market
George Soros and algore are going to be upset with you for ridiculing their corporate special privileges, and titles of nobility.
Fall to your knees, reaffirm your fidelity to the royal family, and beg their forgiveness.
And in the future remember your place as a NWO peon.
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
Obama's watch stopped on 24 May 2008, but he's been too busy smoking crack to notice.
#11. To: jwpegler (#9) (Edited)
The Internet is generally the most unregulated market in the world, although governments are increasingly trying to get their grubby fingers all over it.
It uses currencies, most of which are highly regulated, issued by governments or their proxies, so in that aspect it's socialist.
#12. To: lucysmom (#6)
Somalia is a pure free market,"
I hear that it's rather uncouth and uncivilized over there.
#13. To: mininggold (#11)
It uses currencies, most of which are highly regulated, issued by governments or their proxies, so in that aspect it's socialist.
Not to mention it's a government invention.
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
#14. To: lucysmom (#13)
I think its amusing when you 'two' 'talk' to 'each other'.
war has to do something for entertainment. The voices in his head aren't speaking to him and his imaginary friends have found reasons not to come over anymore.
#15. To: lucysmom (#13)
Not to mention it's a government invention.
Are you saying that the center of their Ayn Randian religion that they dance around on moonlit nights and worship, is created by a (gasp) government?.
#16. To: Rudgear (#8)
You are not strengthening your argument against a free and fair market by referencing the socialist, government run BBC, two-face.
"Somalia has done very well for itself in the 15 years since its government was eliminated. The future of peace and prosperity there depends in part on keeping one from forming."
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
#17. To: mininggold (#15)
Are you saying that the center of their Ayn Randian religion that they dance around on moonlit nights and worship, is created by a (gasp) government?.
They never mention that little fact do they?
Von Mises associates any Government involvement in markets as "Socialism" , to mislead people into thinking Government is the enemy , when infact empire is the enemy and empire is Privatized.
#18. To: jwpegler (#9)
The Internet is generally the most unregulated market in the world, although governments are increasingly trying to get their grubby fingers all over it.
Who created the internet?
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