Mar 6, 2012
The Securities and Exchange Commission
Dear Securities and Exchange Commission,
Nothing poses a greater threat to American democracy than the "Citizens United" Supreme Court decision. This is transparently evident from the current presidential campaign.
We should NOT allow the uberrich 1% to rig the presidential race. Money is not speech. It's one person, one vote, not one dollar, one vote.
Citizens United must be overturned. Until then, AT THE VERY LEAST, Americans deserve to know who exactly is bankrolling Barack Obama and the sorry slate of GOP candidates.
We deserve to know who's investing our pension funds and to what end. We need to know whether foreign interests are subverting our democratic processes.
At a minimum--and here's where you come in-- shareholders have a right to know what candidate(s) their corporate investments are funding. Anything less mocks the idea that shareholders actually "own" the companies they support with their hard-earned dollars.
I am writing to request that the Securities and Exchange Commission issue a rule requiring publicly-traded corporations to disclose all their political spending.
Please reply and let me know where the SEC stands on this matter.
Thank you for your attention.