Thread: A Question of legalities

I'm working on an idea for..well for a project of mine. Unfortunately. I am a bit out of my area, so aI am posing a question to those who, hopefully know more than I do on the subject.

In the Us, it would technically be illegal for the fed government to own a business. (or at least as I understand it)
However, what if a program was instituted that acted much like a business, with a board and all that, yet was run more like a trust with the federal government being unable to touch the return? Is this, or any thing similar to this, legal? I was actualy thinking of the public works programs that Rosevelt (I think) instituted adn the job corpse thing.

And help or info would be welcome.

They have it already its called Congress.

Look at the Amtrack, it too is a private firm which is totally run now by the Ferderal Government and its never had one day of black ink, only red ink forever. Any real business would have already gone out of business already if this type of operation were happening to it.

I suspect it's only a matter of time before the airlines are 100% run by the feds. It's a failing business that everyone needs, go figure.

Originally Posted by Tafkam Aruhpe

In the Us, it would technically be illegal for the fed government to own a business.

and, technically, the government can just set up a new institution.