January 1, 2012

Subject: Comment on File Number 4-637

The Securities and Exchange Commission

Dear Commission,

Right now, Super PACs don't have to disclose their unlimited corporate donations. That means they can keep the public in the dark about who's funding the attack ads that bombard their TV screens daily.

That's why I'm joining with the 14 United States senators who formally asked you to use your regulatory authority to require that corporations disclose their spending in elections.

SEC: Exercise your regulatory authority to require public disclosure of corporate political contributions.

Better than that, require that any corporation making a donation to a political candidate, a political party, a political proposition or a PAC, obtain an affirmative vote by the majority of stockholders, and that they obtain a signed disclosure of all such contributions made for the past five years from any customer before engaging in a transaction with that customer and, if they failed to do so, that customer is no longer obligated to pay for any goods or services received from that corporation. As a customer of a huge monopolized multinational conglomerate, I demand to know how they use their profits to make my life more difficult in any way, shape or form. To fail to do so is prima facia fraud!


Jim Vaughan