:53:01
which require that
they be dismantled.
:53:06
For too long now
:53:07
giant corporations
have been allowed
:53:09
to undermine democracy here
in the United States
:53:12
and all over the world.
:53:14
But today the lnn National
Lawyer's Guild
:53:15
and 29 other groups
and individuals
:53:17
are fighting back.
:53:19
We are calling upon State
Attorney General Dan Lungren
:53:22
to comply
with California law
:53:25
and to revoke
the corporate charter
:53:27
of the Union Oil
Company of California
:53:30
for its repeated
and grievous offences.
:53:33
This is the statute
that is well-known.
:53:35
It has been used.
:53:36
It can be used.
:53:37
What this will mean
is the dissolution
:53:40
of the Union Oil Company
of California
:53:43
the sale of its assets
under careful court orders
:53:46
to others who will carry
on in the public interest.
:53:51
This is nothing more
than a smear campaign.
:53:53
This company has been part
of Californias economy
:53:57
for over 100years
thousands of jobs.
:53:59
Doesnt mean it's never
made any mistakes
:54:01
paid for those mistakes
:54:02
but this demonizing
of accompany
:54:03
I think I am in a time
warp or something
:54:05
that I fell asleep
and woke up 50years ago
:54:08
and we heard that
kind of rhetoric.
:54:09
Well we have a very very
broad set of people angry
:54:12
very angry at
this corporation
:54:14
well people from
the left of the spectrum
:54:16
who dont produce anything
except hot air.
:54:18
From its complicity
in unspeakable
:54:21
human rights
violations overseas
:54:22
against women gays labourers
and indigenous peoples
:54:26
to its efforts to subvert
U. S. foreign policy
:54:29
and deceive the courts
:54:31
the public and
its own stockholders
:54:33
Unocal is emblematic
of corporate abuse
:54:36
and corporate power
run amok
:54:42
... is immoral.
:54:45
Unocal cannot
do business in Burma
:54:49
without supporting
that hopeless regime...