March 13, 2012
Dear Securities and Exchange Commission,
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 a corporation spends on politics and which candidates they are promoting or attacking. Disclosures should be posted promptly on the SEC’s web site.
If any of the original congressional leaders were here today they would fall to their knees and weep over the corruption that has been made legal in our government. The land that they once fought with their blood has now become influenced by the one entity they left their birth homes from.
The real said thing is I am being asked to write to you only referring to requiring candidates to disclose where the money comes from and not how and why it is being donated. The notion that revealing who disclosed it will proclaim the how and why that may epiphanize to ignite the public to rebel.
What is really needed for a true and just government is public funds from all citizens and required engagement in government by all citizens to keep and ensure a true democracy.
So taken my position it would stand to reason requiring disclosure by all would equate to minimal requirements and result in no change in corruption. Only bold and dramatic action will change the course of our inevitable future.
May this serve as a challenge to all.
Thank you for considering my comment.