Wednesday, August 31, 2011

Preserving Capitalism in America Amendment

Introduction:
The Preserving Capitalism in America Amendment was an attempt to end Government involved in Corporations.

Full Text:

SECTION 1. SHORT TITLE.

This joint resolution may be cited as the ‘Preserving Capitalism in America Amendment’.

SEC. 2. CONSTITUTIONAL AMENDMENT.

That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States within seven years after the date of its submission for ratification:

‘Article--

‘The United States shall not own, subscribe to, or otherwise have any interest in the stock or equity of any company, association or corporation: Provided, That the foregoing prohibition shall not apply to any investments through any pension funds.’.


Supporters:
Rep Turner from Ohio, 100+ cosponsors in 2009, 0 cosponsors in 2011-2012

Personal Comments:
I unequivocally reject Preserving Capitalism in America Amendment - Smart aka Reuven.

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