March 30, 2014
SEC
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. THIS IS FLAT-OUT BUYING INFLUENCE BY CORPORATIONS, NOT AMERICAN CITIZENS AND IT IS AN OBVIOUS EXAMPLE OF THE HIGH COURT'S SO-CALLED CONSERVATIVE LEANING, WHICH HAVE BECOME OBVIOUSLY BUSINESS AND SOCIAL ARISTOCRATIC.
PUT ANOTHER WAY, IT CONTINUES TO DO ITS JOB TO SEPARATE THE MIDDLE CLASS FROM IT'S MONEY BY ALLOWING CORPORATIONS TO ELECT ITS OWN REPRESENTATIVES.
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.
IF THERE IS STILL AN OUNCE OF DEMOCRATIC COURAGE LEFT IN YOUR MEMBERSHIP, STOP IT BY PUBLICLY DISPLAYING ALL FUNDING OF ELECTION-RELATED SUPPORT.
Thank you for considering my comment.
Sincerely,
Patrick Conn