DNC Ad Hits Romney on 'Corporations Are People'

Democrats are trying to make political hay of Mitt Romney's "corporations are people" line in Iowa earlier this week, reports Politico. The DNC is out with a new ad that replays the candidate's exchange at the state fair, in which he argues that everything corporations earn goes back into "people's pockets." It proves that Romney "stands with the Tea Party," says the ad. Romney, however, isn't backing down, notes the Boston Globe.

"Businesses are people," he said yesterday in defending the comments. “What do they think they are? Little men from Mars?" The Obama administration, he added, seems to be stuck in the 1960s mentality that sees all of corporate America as evil. "Business is good. I am talking about repair shops and gas stations and beauty salons and restaurants. I am talking about Apple Computer and Facebook and Microsoft." (More Mitt Romney 2012 stories.)