When our Constitution was established, corporations were a rare institution and corporate charters were granted only in exceptional circumstances. Today, corporations have come to think of their corporate status and limit of liability as entitlements arising from their own cunning or a birthright that grants them an elite status over the rest of us. We need to reclaim the right as sovereign citizens to grant corporate charters for specific needs that suit our own needs as citizens. I will sponsor legislation which will:

  • Require all corporations operating in more than one state to receive a Federal corporate charter to enjoy limited liability
  • Federally chartered corporations will enjoy no limits of liability unless such corporations voluntarily agree to adhere to all political campaign restrictions and oversight; any failure to adhere to political campaign restrictions will result in the revocation of limited liability
  • Federal corporate charters will bar any corporation from receiving subsidies, specially directed tax rebates, and other special treatment from any state, county, municipal government or from the Federal government and place greater scrutiny on no-bid contracts from governmental agencies at all levels.
  • Federally chartered corporations that receive excessive no-bid contract grants from governmental bodies will be susceptible to nationalization wherein they will – in part or in whole – be run as public monopolies, democratically, transparently, and as a part of the public common (making Federal expenditures on commodities which are not competitive only fuels corporatist corruption)

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