Supreme Court ruling giving individual rights to corporations
On January 21 2010 struck down legal precedent and years of campaign finance reform by finding that corporations had the same rights as individuals: "Government may not suppress political speech on the basis of the speaker’s corporate identity" (from the majority decision by Justice Anthony Kennedy).
Writing in dissent Justice Stevens pointed to some of the absurdities resulting from the claim that corporations be treated as individuals:
Companies in Montana
are suing to strike down the 1912 ban on corporate donations to elections based on the Supreme court ruling.
US Chamber of Commerce
Already the largest lobbying group in the US, the Chamber of Commerce is set to become an even greater political force due to the Supreme Court Ruling.
This article in the LA Times details the Chamber's recent expansion efforts.
According to "OpenSecrets" in 2009 (before the ruling) the U.S. Chamber of Commerce spent "more than $144 million in lobbying expenditures -- exponentially more than runners-up ExxonMobil ($27.43 million), the Pharmaceutical Research and Manufacturers of America ($26.15 million), General Electric ($25.52 million) and Pfizer ($24.6 million)."
"lobbyists’ clients spent more than $3.47 billion last year, often driven to Washington, D.C.’s power centers and halls of influence by political issues central to the age: health care reform, financial reform, energy policy."
Here's one of the issues that the U.S. Chamber of Commerce pours lobbying efforts into--fighting arbitration reform. The effect of signing binding arbitration agreements was highlighted last year by a case in which a Halliburton employee, Jamie Lee Jones, was going to court to fight the binding arbitration she had signed with the company so that she could have the right to sue after being raped. This is an egregious example, but as this article points out: "If you use credit cards, have a cell phone contract, bought a house from a builder or put your mother or father in a nursing home, you have very likely signed away your right to be heard in court if there's a problem."
NPR Arbitration Reform
J&J spent $1.64M lobbying government in 4Q
The good, the bad and the ugly of it
"Johnson & Johnson, the huge maker of health products from Band-Aids to biologic drugs, spent $1.64 million in the fourth quarter lobbying the government on issues related to the health care overhaul and on multiple bills that could affect its revenue, according to a recent disclosure form."
Beyond the just the financial disparity in the financial influence, perhaps an argument should be made that the personhood of corporations impedes an individual's rights to free speech. I read stuff like this and think to myself that the average person does not have the resources to be involved in knowing what type of bills are even going through our own government. This has been going on for a long time. The good things I see is that people are starting to want to be aware... particularly the health care debate, being conscious of preventative care and the problems with our food systems.

"Under the majority’s view, I suppose it may be a First Amendment problem that corporations are not permitted to vote, given that voting is, among other things, a form of speech."