Novenmber 26, 2012
Dear members of the Securities and Exchange Commission:
I am writing to urge the SEC to issue a rule requiring publicly traded corporations to publicly disclose all their political spending.
Both shareholders and the public must be fully informed as to how much the corporation spends on politics and which candidates are being promoted or attacked. Disclosures should be posted promptly on the SEC's web site.
Thank you for considering my comment. This way, I can control where my investments go. Also, I think of all the unprecedented (and wasted) money that blasted the airwaves of swing states. If anything, it made people more angry. I am tired of secrecy and negativity. Do we still live in a democracy or are we heading into an anonymous "corpocracy"? To do other than asking for open disclosure is "hypocrisy." Thank you.