Free Speech for People is another concerted effort to overturn Citizen's United.   Here's the problem:

A sharply divided Supreme Court decided that the American people are powerless to stop corporations from using corporate funds to influence state and federal elections. The 5-4 decision ruled that the restrictions on corporate expenditures in elections contained in the federal Bipartisan Campaign Reform Act (known as BCRA or “McCain-Feingold”) violated the First Amendment protections of free speech.

The solution:

The Free Speech for People Amendment will overrule the Citizens United v. FEC case and return the First Amendment to its longstanding purpose as a guarantee of the fullest rights of a free people and the press. The Free Speech for People Amendment will overrule the fabrication by activist judges of a “corporate rights doctrine” to defeat democratically enacted laws, and will restore the First Amendment to its meaning and intent for two centuries.  The Amendment will ensure that all people have the most robust freedom of conscience, speech and debate and that a vibrant, diverse press remains free and unfettered, thus strengthening, rather than weakening, democracy.

The Free Speech for People Amendment Campaign will work with others to develop specific language for the Free Speech for People Amendment. Here is one example of language for the Free Speech for People Amendment:

Amendment XXVIII Section 1.  The sovereign right of the people to govern being essential to a free democracy, the First Amendment shall not be construed to limit the authority of Congress and the States to define, regulate, and restrict the spending and other activity of any corporation, limited liability entity, or other corporate entity created by state or federal law or the law of another nation. Section 2.  Nothing contained in this Article shall be construed to abridge the freedom of the press.

[Addendum April 11, 2011] I have added a short speech by John Bonifaz, co-founder of Free Speech for People. He warns that Citizens United should not simply be seen as a campaign finance decision, but as announcing a radical new doctrine establishing corporate rights. Corporations should not be seen to have the same rights as people. Because of their powers to aggregate wealth, they should be carefully restrained. Unchecked corporate power is subverting our democracy. The BP disaster and the unrestrained consolidation of the media are examples. The solution is to amend the U.S. Constitution with the 28th Amendment. Bonifaz indicates that seven of the existing Amendments remedied egregious injustices. This effort will take immense energy and organizing, but the wholesomeness of the idea is on our side. Polling shows that 87% of Democrats, 85% of Independents and 68% of Republicans support the idea that corporations should not have the rights of people.