November 26, 2012
Dear members of the Securities and Exchange Commission:
Please let some common sense rule for a change. We cannot have another election like the 2012 presidential race. Corporations need to devulge to the American public as well as their stock holders what seast they are trying to buy. I believe we have become the laughingstock of the world- trying to initiate democracy in other countries when we ignore it in our own backyard, and we let positions of power go to the highest bidder.
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.