Obama gives lobbyists the boot

[Oldandeasilyconfused]

A corporation is not a person

Err,actually,in the US and all other developed countries, corporation is indeed legally a person. This was determined in the US by the Supreme court in the C19th.The purpose was to allow joint stock companies to buy,sell and own and property in their own right.



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Despite not being natural persons, corporations are recognized by the law to have rights and responsibilities like natural persons ("people"). Corporations can exercise human rights against real individuals and the state,[3] and they are often responsible for human rights violations.[4] Just as they are "born" into existence through its members obtaining a certificate of incorporation, they can "die" when they are "dissolved" either by statutory operation, order of court, or voluntary action on the part of shareholders. Insolvency may result in a form of corporate 'death', when creditors force the liquidation and dissolution of the corporation under court order,[5] but it most often results in a restructuring of corporate holdings. Corporations can even be convicted of criminal offences, such as fraud and manslaughter.[

http://en.wikipedia.org/wiki/Corporation