March 28, 2014
I am deeply concerned about the influence of corporate money on our electoral process.
Our Democracy, by the People, for the People is just about a thing of the past. Thanks to the Corporate 5 Supreme Court judges' decision a few years back, we've seen every effort to put even moderate controls on "money" equals "speech" blasted by the uber-rich. The result is that 99.99% of the people of our country have money-bombed into stultifying silence.
You can do something about that...
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 investors' money 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.