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Friday, December 02, 2011

New York Court Ruling: Corporations May Pick Americans' Pockets

On Monday, New York's highest court, the Court of Appeals, overturned a ban (lasting since 1846) prohibiting the state from giving gifts of money or credit to corporations. From Reuters, David Jay Johnston reports on how the ruling allows corporations to reach their hands into tax payers' wallets.

Read the transcript (below) or watch the video HERE.

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