April 28, 2012
Dear members of the Securities and Exchange Commission:
You all are intelligent well meaning people, I hope. There is some doubt given what's been allowed to go on in the funancial sector. No need to elaborate. You read/see/hear the news even if you are not personally experiencing the repercussions.
There must be more transparency and accountability for the interaction of politics and big business. Our forefathers and mothers did not dream, fight and sacrifice for a corpratocracy; they did so for a republic and a democracy.
If there is any integrity left in the financial sector and its players, please summon up your courage and work from your integrity not greed and imagined sense of power.
If you connot do it for all of us, please consider the next generations and what you will be demonstrating and leaving to them.
When I was in high scool, we had to sign our names and 'honor" at the end of each exam meaning we took responsibility for conducting ourselves in an honorable way in and on the exam. Can you do the same with your conduct concerning the corporations and their activities which you oversee?
I am writing to urge the SEC 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.
Thank you for considering my comment.