February 1, 2013
Dear Members of the Securities and Exchange Commission:
It's long past time to end secret political spending by corporations.
So I strongly support the SEC issuing a rule in the near future that would require publicly traded corporations to publicly disclose all their spending on political activities.
Both shareholders and the public deserve to know how much a given corporation spends on politics (directly and through intermediaries), and which candidates are being promoted or attacked.
Finally, SEC, you have the opportunity to determine whether it will be the people of this country that make the decision about who gets elected or corporate money will make the decision of who gets elected. Remember, the phrase "of the people, by the people, for the people"? Well do you believe that phrase should describe our government or should corporations be calling the shots. That is the real question here. Citizens United is anything but the citizens of this country being united. It is corporations being united, not for the people, but against the people.
Thank you for considering my comment.
Sincerely,
Ervin Funderburk