January 18, 2012
I am deeply concerned about the influence of corporate money on our electoral process.
In particular, I am appalled that, because of the Supreme Court's ruling in Citizens United v. Federal Election Commission, publicly traded corporations can spend investor's money on political activity in secret.
I am writing to urge the Securities and Exchange Commission to issue a rule requiring publicly traded corporations to publicly disclose all their political spending.
Both shareholders and the public must be fully informed as to how much the corporation spends on politics and which candidates are being promoted or attacked. Disclosures should be posted promptly on the SEC's web site.
Thank you for considering my comment.
Much as I hate "form" letters(or petitions), I can't really say it better than this There are many of us in this country, like myself, who are registered independents and our major concern is that this political insanity stop and the people get to vote for the intelligent running of our government, not special interest or corporations' indifference to anything but money and power. Knowing who is support the various candidates running election/re-election and knowing the whole story is one of the big steps in that direction. It's part of our Republic's responsibility to it's people.
Port Matilda, PA