January 31, 2012
Securities and Exchange 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.
As long as we have the disastrous decision of Citizens United the Roberts SCOTUS mandated, our democracy will continue to be lost to the highest bidder. Is it not enough that our congress has been bought by corporations for years, yet currently with the purchasing power of super-PACs, the citizens of America may as well not even vote because they really have no voice? Our democracy was an experiment, but with Citizens United ruling, the failure of democracy is evident even to the blind.
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.