April 28, 2012
Dear members of the Securities and Exchange Commission:
I am writing to urge the SEC to issue a rule requiring publicly traded corporations to publicly disclose all their political spending.
Why wouldn't that be required? Corporate money in politics is what is making all of our decisions in government and I strongly feel that our elected officials should be held accountable, and this seems to be a good way to do it.
Our taxes pay these congressmen's paychecks, health insurance, retirement, etc. They should be reporting to us where they are getting their campaign money and who is influencing their decisions.
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.