Corporate Death Penalty
I know that corporations are supposed to live forever or as long as the corporation is no longer profitable. However, when a corporation is an inherently criminal organization, it should be put down like a dangerous animal.
Ground Rules
Exempt from this act are damages that are self evidently intrinsic to its business plan, such as an energy company causing global warming or a tobacco company company causing cancer or an asbestos company causing lung problems except in the case of blatant and consistent fraud.
This act shall not be applied to the firearms industry unless the damages in question are caused by a defective firearm injuring the operator of the firearm and/or bystanders or when workers are injured during the manufacturer of the firearm
Companies and their executives and their shareholders shall be exempt from criminal penalties under this statute for injury to their employees if: the safety risks are an unavoidable part of their business, the corporation takes all reasonable actions to avoid or mitigate the risk to their employee, the corporation shall disclose the risk to their employees, the corporation shall monitor their employees on a regular basis for damage, the corporation shall record the health damage to their employees, the corporation shares these records with their employees and with the federal government and with the public, the corporation shall disclose dangers to employees to the public and the corporation shall disclose employee danger to their customers including clear labeling on any product sold directly to the public
Companies and their executives and their shareholders shall be exempt from criminal penalties under this statute if the customers insist on using the product in a dangerous manner when the product is safe when used as directed and when the corporation has clearly and consistently warned the customers of their company's product. This exemption shall be void if the corporation's advertising or sponsored events shall depict their product being used in an unsafe manner
1) Corporations who destroys lives or endangers our country's economy shall be dismantled and liquidated. The proceeds of this sale shall be be used to pay the damage claims of the victims of the corporations and to repair the damage to our country caused by the corporation. Corporations shall be declared criminal for one or more of the following reasons. 1A) Destroys through fraud or exploitation or negligence or malice the lives of 1/1,000 of population. 1B) Destroys the health of 1/10,000 of the population. 1C) Kills more than 1/100,000 of the population. 1D) Who's financial fraud is a major contributor to the collapse or our nation's banking or financial sector or our economy
2) CEOs who created or oversaw a criminal corporation may be put to death
3) shareholders in a criminal corporation shall be help responsible for the criminal actions of the criminal corporation in proportion to their ownership or control of the corporation corporation 3A) If the stockholder is a corporation, the stockholder corporation shall be stripped of all profits gained from ownership of the criminal corporation. This shall not exceed the value of the stockholder corporation. 3B) The CEO of the stockholder corporation shall be striped all assets gained as a results of the stockholder corporation owning part or all of the criminal organization. 3C) The CEO of the stockholder corporation shall be imprisoned for the portion of the US average lifespan proportional to the fraction of of the value of the stockholder corporation that is equity in the criminal corporation. 3D) If the shareholding corporation is a shell corporation, then the shell corporation shall be ignored as a layer of ownership
4) The stockholders of the criminal corporation shall be assigned the sum total years of punishment for the crimes and negligence of the criminal corporation as years of community service assigned by number of shares owned. 4A) Shareholder corporations pass on their years of community service to their shareholders by shares in their company