Ohio House Bill 78

[Tom Lehman]

I got a kick out of my own state representative.  I called him up at the
haberdashery where he hangs out when he's not in Columbus.  His comment, "HB
78 what's that?"  " I'll take a look at it when I go to Columbus this week."
Well, the bill passed the state house of represenatives 94-1 and he wan't the
one vote in opposition.  Let's face it corporate law is not the most
interesting stuff in the world.  It's clouded in terminology and jargon.  As
a layman(pun intended) I find reading this stuff tough going too.
Unfortunatley the devil is in the details, if you can stay awake!

Interestingly enough, I have been told that New York state attorney general
Elliot Spitzer has assigned a couple of  people from his office to take a
look at this Ohio legislation!

Tom Lehman

Steve Grube wrote:


> When I hear of legislation like this I want to know who sponsored
> it and who are the major contributors to those sponsors.  It's the
> beginning in following the money.  This is probably also another
> example of how state houses are more corruptible than Congress.
>  Devolution to the states in the legislative process is another great
> deal for corporate interests.    -Steve Grube
> =========================================
>
> Tom Lehman wrote:
>
> > If you wonder how anti-union measures ever get passed into law, Ohio
> > House
> > Bill 78 is a primary example.  This bill passed the Ohio house of
> > representatives by a margin of 94-1. It is now before the Ohio Senate
> > judiciary committee.  Unless it is delayed in this committee it will be
> > passed into law.
> >
> > This is not a real obvious anti-union, anti-worker bill.  Hidden in
> > legal terminology and jargon are fundamental changes in Ohio corporate
> > law that will make it easier for the directors and officers of
> > corporations to further insulate themselves from lawsuits, share holder
> > actions and workers rights.
> >
> > If anyone is interested I'd be glad to share some analysis of this bill
> > with you.
> >
> > This departure in corporate law will make it easier to close plants,
> > bust unions and poison the environment!
> >
> > Tom Lehman