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Feb 24
2010
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Corporations Are People, Too!Posted by Ray in Supreme Court, Election Commission, Coporations |
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The Supreme Court says so: Corporations have the same free speech rights as flesh and blood human beings! What's next? Will Exxon, Verizon and Pfizer get voting rights, too?
On January 21, 2010, the Supreme Court decided Citizens United v. Federal Election Commission with a ruling that smacked us with both injury and insult.
The injury in decision opening election funding to corporations is legitimizing a flood of corporate funds into the election process. In reality, corporations have always been big players in the process, hiding their iron fist in various velvet gloves—so-called 'issue ads”, “personal contributions” by corporate officers and managers, and so on. The injury is real, but not new. Our assailant just has a larger club now to bash us and the electoral process.
The insult is much more damaging: what was a legal metaphor, a fiction—corporate personhood—has been translated into a legal reality. Corporations are created by government, to serve public purposes. We created them and defined them: they do not have a life of their own beyond the terms of the legal paperwork that created them. They are a stack of legal paper. The Supreme Court gave those stacks of paper the rights of flesh and blood people.




Those clever folks who crashed the banking system and the stock market and retirement funds and millions of paying jobs now tell us that now the problem is that Americans are saving rather than spending!!! If only we'd forget about rainy days and put our pennies on the counter, prosperity will return in a heartbeat. Well, without jobs and with a huge credit crunch...that just doesn't seem realistic. So, we have Government spending to provide the stimulus while us stubborn, timid consumers sit on the sidelines. What are the best targets for government spending in these times? What will create jobs, soon? What will leave a lasting capital investment to build communities and infrastructure? (Remember those Depression-era sidewalks, trails and parks? What else was successful? What could work now, too?)