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March 2011

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Subject:
From:
Frank Cross <[log in to unmask]>
Reply To:
Academy of Legal Studies in Business (ALSB) Talk
Date:
Fri, 11 Mar 2011 12:22:00 -0600
Content-Type:
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So are the reporters and editors at the New York Times, they don't 
lose protection because they are spending other peoples money

At 11:03 AM 3/11/2011, John Allison wrote:
>But they're spending other people's money, even if they own shares themselves.
>
>John
>
>-----Original Message-----
>From: Academy of Legal Studies in Business (ALSB) Talk 
>[mailto:[log in to unmask]] On Behalf Of Frank Cross
>Sent: Friday, March 11, 2011 10:52 AM
>To: [log in to unmask]
>Subject: Re: Citizens United v. Federal Election Commission
>
>Management is individuals too, John.
>
>At 10:40 AM 3/11/2011, John Allison wrote:
> >Question:  Does "that doesn't mean corporations don't have First
> >Amendment rights.
> >They are "associations" of individuals." ignore the reality that the
> >average shareholder has little voice in what management does?
> >
> >John
> >
> >-----Original Message-----
> >From: Academy of Legal Studies in Business (ALSB) Talk
> >[mailto:[log in to unmask]] On Behalf Of Daren Bakst
> >Sent: Friday, March 11, 2011 10:28 AM
> >To: [log in to unmask]
> >Subject: Re: Citizens United v. Federal Election Commission
> >
> >I hope that students receive a more accurate picture of the issue than this
> >piece.  There are so many flaws with the video, it is tough to know where to
> >begin.
> >
> >Actually, I'll start from one of the first lines about the problem with
> >campaign ads getting worse because of Citizens United.  That's interesting
> >because there is little to no evidence that the "recent" decision had any
> >impact on the last election cycle (not to mention, it is unclear what is
> >wrong with campaign ads).  Further, states across the country already have
> >allowed corporations to spend money from their general treasuries for
> >independent expenditures without it creating some crisis in those states.
> >
> >The issue of a corporation not being a person is a silly argument--we know
> >this, but that doesn't mean corporations don't have First Amendment rights.
> >They are "associations" of individuals.
> >
> >Should newspapers, such as the NYT, be barred from running commentary (they
> >are corporations and spend money that refer to candidates).  What about book
> >publishers--should they be scared about publishing a book because it
> >mentions a political candidate?  Interesting that not once did I hear
> >anything about unions.
> >
> >The biggest problem with the video and the most disturbing actions of some
> >critics of Citizens United is this unwarranted and vicious attack on the
> >Supreme Court as an institution and the questioning of the justices'
> >motives.
> >
> >Daren Bakst, J.D., LL.M.
> >Director of Legal and Regulatory Studies
> >John Locke Foundation
> >
> >
> >
> >
> >On 3/11/11 10:55 AM, "Susan Rogers" <[log in to unmask]> wrote:
> >
> > > Thanks! this is just what my students need!
> > >>
> > >>> Annie Leonard, creator of Story of Stuff, explains the Corporate
> > >>> Personhood fiasco that Democracy has gotten itself into
> > >>>
> > >>>
> > >>>
> > >>>
> > 
> <http://storyofstuff.org/citizensunited/>http://storyofstuff.org/citizensuni
> > >>> ted/
> > >>>
> > >>
> > >
>
>Frank B. Cross
>Herbert D. Kelleher Centennial Professor of Business Law
>McCombs School of Business
>University of Texas
>CBA 5.202 (B6500)
>Austin, TX 78712-0212
>512.471.5250

Frank B. Cross
Herbert D. Kelleher Centennial Professor of Business Law
McCombs School of Business
University of Texas
CBA 5.202 (B6500)
Austin, TX 78712-0212
512.471.5250  

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