January 13, 2013
Securities and Exchange Comm.
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. These political expenditures are being used to buy our Democracy and the information the voters recieve. They barage their propaganda by owning all the facilities that deliver our information through changing the laws on monopolies.
This disclosure could help control the dark money in politics that is corupting more than ever our Democracy. These huge corporate plutocratic politcal expenditures can be defined as bribery through the threat of negetive attack adds and money laundering. The money laundering happens when the recepient politician puts the contribution/bribe into a legal account and then funnels it through another legal account and the contribution/bribe is cleanly the recepient politicians. It does not cost as much to buy state and local goverments which has obviously been more effective for them by not receiving as much public attention.
Most of these billions of dollars corrupting our politics, thanks to citizens united, is going to the GOP who are more willing to protect the intersests of these plutocrats. The unpatriotic interests of these plutocrats are all about keeping their taxes low and their workers wages low.
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.
Thank you for considering my comment.