January 31, 2012
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.
It is frightening to me that the wealthiest people in the United States not only don't have to pay but a minimal tax and also can buy the country with their millions and billions of dollars. This amounts to our country as a commodity that can be bought - and presumably sold - by people/ corporations without our even knowing who the buyer is. It is a disgrace to the freedoms we have cherished for so long. Please do something about it so everyone has a voice and not just the super rich with the super pacs. A Lincoln couldn't compete today, not because he isn't qualified, but because he wouldn't have enough money. This isn't just a problem for one party; it's an American problem. A voice and a vote ought to be more powerful than a dollar.
Sincerely,
Nancy Ratliff