November 6, 2013
SEC Comment file 4-637
Dear Comment file 4-637,
There is no doubt that corporate money corrupts the electoral process.
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.
Short of making the entire advertising/marketing industry illegal -- which it would be in any just society, since the industry is nothing but manipulation, and never pretends to be anything but -- 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.