Originally shared by Cindy Brown
I hope this comes back to shred them on the butt:
When the Catholic conservatives on the High Court ruled that Hobby Lobby Incorporated and the Green family are one in the same due to “its” religion, they effectively tore away the corporate veil making owner(s), shareholders, employees and CEOs personably liable for anything the corporation does. In fact, the Hobby Lobby ruling contradicted a 2001 Supreme Court ruling that said, “Linguistically speaking, the employee and the corporation are different “persons,” even where the employee is the corporation’s sole owner. After all, incorporation’s basic purpose is to create a distinct legal entity, with legal rights, obligations, powers, and privileges different from those of the natural individuals who created it, who own it, or whom it employs.” That fundamental principle of different entities, or “corporate veil,” according to legal and business scholars, and affirmed by the Supreme Court in 2001, vanished when the Supreme Court allowed Hobby Lobby’s owners to assert their religious rights over the entire corporation. The ruling said a company is not truly separate from its owners, and because the conservatives ruled that all closely-held corporations are recipients of their religious largesse, it means that over 90% of all businesses in America lost the delineation between corporation and owner(s).
http://www.politicususa.com/2014/07/08/155684.html//cdn.embedly.com/widgets/platform.js