Warren- “Corporations are not people;” Romney- Yes, they are

Chiding Mitt Romney in her speech at the Democrat National Convention this week, Elizabeth Warren of Massachusetts declared that “Corporations are not people. People have hearts, they have kids, they get jobs, they get sick, they cry, they dance. They live, they love, and they die. And that matters, because we don’t run this country for corporations, we run it for people.”

Let’s first take a look at the definition of “people.”  According to Merriam-Webster, “people” is defined as “human beings making up a group or assembly or linked by a common interest.”

Corporation

Merriam-Webster

A body formed and authorized by law to act as a single person although constituted by one or more persons and legally endowed with various rights and duties including the capacity of succession

Collins World English Dictionary and The Free Dictionary Online

(Law) a group of people authorized by law to act as a legal personality and having its own powers, duties, and liabilities

Webster Dictionary

A body politic or corporate, formed and authorized by law to act as a single person, and endowed by law with the capacity of succession; a society having the capacity of transacting business as an individual.

Oxford Dictionary

A company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.

Romney, a Harvard MBA and JD (earned simultaneously) was absolutely correct when he stated that corporations are people.  Don’t mess with Mitt!

Just a side note, Warren states that corporations don’t have hearts, I think meaning that they don’t feel or have passion the same way human’s do.  Let’s take a look at two individuals often associated with “big business,” the Koch Brothers.  Often the target of Democrat ire, and part of the “big corporation- big business” that liberals like to demonize as being cold, cruel, heartless- yeah, here is a list of donations made by the Koch Brothers:

New York-Presbyterian Hospital Weill Cornell: $15 million
M.D. Anderson Cancer Center: $25 million
The Hospital for Special Surgery: $26 million
Memorial Sloan-Kettering Cancer Center: $30 million
Prostate Cancer Foundation: $41 million
Deerfield Academy: $68 million
Lincoln Center’s NY State Theater: $100 million
Massachusetts Institute of Technology: $139 million

Corporations giving to charity are far too many to list.  The following account for only a very small fraction of both in-kind and in cash giving, but represent “big-pharma” and corporations that are too often demonized by the liberal left:  “Big-pharma” Pfizer, Merck, Abbott, Bristol-Myers Squibb and Eli Lily gave a total of $5.5 billion in 2010.  Microsoft gave $500 million, Walmart $446 million, and Staples, one of the Bain success stories, gave $19.8 million, and the list goes on.  I would say that corporations do have heart, but that’s just me.

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