Earlier quoted context omitted.
> So no you can't just spin up a bunch of LLCs to rig an election… Sure you can. You just have to sell them some land as part of it.
Land is bought and sold in government-regulated parcels. You can't just split up an acre of land into square foot plots and sell them.
Corporations can vote in some Delaware elections, judge says
181–190 of 269 posts
Re: Corporations can vote in some Delaware elections, judge says
#182Re: Corporations can vote in some Delaware elections, judge says
#183Earlier quoted context omitted.
Which makes sense... why should anyone get a say in the local matters of a place they don't even live in?
Because you have a vested interest in the success of that region by owning land (and a business) at that location. You have skin in the game compared to someone who is just renting and can easily flee to a different city if they vote poorly.
Nitpick:
I think you're correct that the problem is people who do selfish shortsighted things and leave others holding the bag but I think you are blaming the wrong people.
Pretty much everyone from Marx to MLK to Rand and Sowell identifies somme sort of class of "comfortable enough to meddle in things to further their self interest at everyone else's detriment" demographics as the root of a whole bunch of bad stuff.
In most municipalities middle class who are too tied into the place (often through home ownership) to just get out that provide the bulk of the political will to do short sighted "feels good" stuff that solves some minor problem they have but screws the whole place on a 20-50yr timeline (by which time the individuals responsible will have retired and cashed out to Idaho or Florida or whatever).
Re: Corporations can vote in some Delaware elections, judge says
#184I don’t understand why people have so much trouble understanding that a “corporation” is just a proxy for the humans that own and control the corporation. In this case, non-residents who own a house on the island can vote according to the charter. The charter just says that this doesn’t change because you move ownership of the house into a legal entity that some human then owns and controls. The actual grievance seem…
Re: Corporations can vote in some Delaware elections, judge says
#185Earlier quoted context omitted.
> So no you can't just spin up a bunch of LLCs to rig an election… Sure you can. You just have to sell them some land as part of it.
Land is bought and sold in government-regulated parcels. You can't just split up an acre of land into square foot plots and sell them.
Re: Corporations can vote in some Delaware elections, judge says
#186Earlier quoted context omitted.
No. Per the ruling: > Where a voter is entitled to vote by virtue of being both a resident and as an owner of real property, that voter shall be entitled to only one vote; where a voter is entitled to vote by ownership of two or more parcels of real property, that voter shall be entitled to only one vote. However, that seems to get messy with multi-owner LLCs where you might give 1% of each LLC to a bunch of your bud…
The POA is to vote as a proxy for the entity. The entity gets one vote. Not one vote per shareholder.
Re: Corporations can vote in some Delaware elections, judge says
#187Earlier quoted context omitted.
> So no you can't just spin up a bunch of LLCs to rig an election… Sure you can. You just have to sell them some land as part of it.
Land is bought and sold in government-regulated parcels. You can't just split up an acre of land into square foot plots and sell them.
Re: Corporations can vote in some Delaware elections, judge says
#188It's specifically about corporations that own property in a specific town voting. So no you can't just spin up a bunch of LLCs to rig an election, this is about the rights of absentee landlords.
> So no you can't just spin up a bunch of LLCs to rig an election… Sure you can. You just have to sell them some land as part of it.
how many votes in that district do I have?
Re: Corporations can vote in some Delaware elections, judge says
#189Earlier quoted context omitted.
> So no you can't just spin up a bunch of LLCs to rig an election… Sure you can. You just have to sell them some land as part of it.
Land is bought and sold in government-regulated parcels. You can't just split up an acre of land into square foot plots and sell them.
Re: Corporations can vote in some Delaware elections, judge says
#190Earlier quoted context omitted.
> So no you can't just spin up a bunch of LLCs to rig an election… Sure you can. You just have to sell them some land as part of it.
Land is bought and sold in government-regulated parcels. You can't just split up an acre of land into square foot plots and sell them.
What is the smallest subplot you can split a parcel into?
And are we talking literally land, or would condo ownership suffice? (After all, you typically stack a few condos on top of one parcel of land). The smallest condo is probably dictated by some pesky human habitability rules, but what class of property has the fewest minimum-square-footage zoning rules? Retail probably has egress rules, but what about industrial spaces?
Could you create an industrial park to house a bunch of, to use a rough metaphor, independently-owned/independently-operated phone booths (or whatever other "qualifying use")?
Basically is there a category of land-use you could split ownership off at ridiculous scale, offer LLC-as-a-service to buy a bunch of them, and just for fun, tokenize the votes to provably aggregate the absentee ballots at scale via blockchain?
If it's one-entity-one-vote, what is the most cost-effective way to maximize the number of qualifying entities?
Bonus points for every order of magnitude of synthetic votes you can reasonably achieve over the fleshy variety.