Feb 3, 2012
Securities and Exchange Commission
One of the worst things about crony capitalism is special interests are able to "spin" issues to their advantage with unlimited Super PAC donations. Super PACs don't have to disclose these unlimited corporate donations. That means they can keep the public in the dark about who's funding the attack ads that bombard orr TV screens and airwaves daily.
That's a sell out of our democracy. However, it is still possible (aswell as necessary) to require that corporations disclose their spending in elections. As the only regulatory authority that can still require public disclosure of corporate political contributions, it is incumbant on the SEC to do so.