February 2, 2013
Dear Members of the Securities and Exchange Commission:
It's long past time to end secret political spending by corporations. Corporations ARE NOT PEOPLE and as such should not be shielded from publcation of donations made to ALL publicly traded companies.
Our country has become "owned and operated" by the corporations and this has to stop. We were established as a nation of, by and for the PEOPLE and NOT CORPORATIONS! As an individual there is no way that I as an individual could have any say in how any companies is operated with the corporations funding and dictating by way of large sums of money by all of the special interest. We are supposed to have a level playing field and that has been taken away from us.
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.
Thank you for considering my comment.
Sincerely,
Frances Porgal