January 10, 2013
Dear Securities and Exchange Comm.,
I’m writing to urge the commission’s prompt approval of rules requiring public disclosure of political spending by publicly-held companies. Disclosure is vital to the SEC’s responsibility to ensure that investors have the information they need to make sound decisions about when and where to put their money. Shareholders also have a right to know how companies in their investment portfolios are investing that money, particularly when the spending falls outside the company’s normal business activity.
This, in my mind, is the absolute minimum requirement - undisclosed money and unlimited spending on politics are a cancer on the body politic, and both should be outlawed in any civilized society. Citizen's United is a repulsive travesty, and the justices who voted for it should be impeached or jailed for treason.
Thank you for considering my comment.