January 13, 2013
Securities and Exchange Comm.
Dear Securities and Exchange Comm.,
Please understand the supreme court decision IN FAVOR OF "citizens united" is NOT ONLY UNCONSTITUTIONAL, BUT ALSO DISGUSTING. ABSURD AND IMMORAL.
I’m writing to urge the commission’s prompt approval of rules requiring public disclosure of political spending by publicly-held companies.
Donations made by ALL corporations must be information that is easily accessible by EVERY U.S. citizen. If a company donates to a political cause that i do not support, i do not want to spend my hard earned dollars at their store.
Not only must companies disclose any and all political donations, but they must be required to make the donations public even BEFORE that money may be spent. YES, that is right. I say make companies publicly announce not only how much they donate, but they must also do so WHEN THEY WRITE THE CHECK! Other wise the use of that money is NOT LEGAL!
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.
Only a judge that has sold his/her soul to the highest bidder and is owned by a corporation would make a decision that puts money before the voice of the people of this country. Shame on all who voted in support of "citizens united."
Keep fighting corruption, and thank you for considering my comment.