Thursday, December 27, 2007

Want democracy? Abolish corporate peronhood

In 1886:

The Supreme Court ruled on an obscure taxation issue in the Santa Clara County vs. The Union Pacific Railroad case, but the Recorder of the court - a man named J. C. Bancroft Davis, himself formerly the president of a small railroad - wrote into his personal commentary of the case (known as a headnote) that the Chief Justice had said that all the Justices agreed that corporations are persons.

And in so doing, he - not the Supreme Court, but its clerical recorder - inserted a statement that would change history and give corporations enormous powers that were not granted by Congress, not granted by the voters, and not even granted by the Supreme Court. Davis’s headnote, which had no legal standing, was taken as precedent by generations of jurists (including the Supreme Court) who followed and apparently read the headnote but not the decision.

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