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How the Wealthy Use the Government to Stay Rich and Get Richer (Original Post) Boojatta Jan 2012 OP
bookmarked for later reading, looks interesting n/t Joe Shlabotnik Jan 2012 #1
Unsourced assertions Progressive dog Mar 2012 #2
You have a point. Boojatta Mar 2012 #3
 

Boojatta

(12,231 posts)
3. You have a point.
Sat Mar 24, 2012, 04:17 PM
Mar 2012

For example, see footnote 2:

2 Limited liability means that the shareholders in a corporation cannot be personally held liable for the debts of a corporation.

The author didn't specify a source for that information. Maybe it's simply fiction that the author invented. Maybe it's true, but there's no way to decide. There are so many books at the library that it's hopeless to try to read them all. If you pick a few hundred at random and you are very lucky, then you might find the words "limited liability" in some book, but it's very unlikely that the excerpt I quoted above would appear word-for-word exactly as it appears above. So you would be forced to try to understand what is being said. That's no good. You need an authority to tell you, "I am the source. I said it. It's true."
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