Romney: ‘Corporations are people, my friend’

Speaking at the Iowa State Fair Thursday, GOP presidential candidate Mitt Romney had some kind words for corporations.

“Corporations are people, my friend,” Romney said during a heated back-and-forth between heckling audience members and him. “Everything they earn ultimately goes to people.” (RELATED: August 11, 2011
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Some commentators have called Romney’s statement a potential gaffe. On the other hand, Romney’s opinion happens to be shared by a majority of the Supreme Court, which ruled in the 2010 case Citizens United v. Federal Election Commission that corporations are entitled to the same First Amendment protections as individuals are.