March 28, 2014
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 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.
An open society is much more functional and preferable to one where secrets are kept from the populace , especially when those secrets are detrimental to the ecosystem (which we're all part of , you know) .
Since corporate boards are solely interested in amassing more money , we need to put an end to their one-sided view , and put laws into effect that demand public disclosure of all their political expenditures .
Thank you for considering my comment.