April 28, 2012

Subject: Comment on File Number 4-637

Dear members of the Securities and Exchange Commission:

Our democracy must not be for sale to the highest bidder. Even if corporations can be classified as individuals, they are "Super individuals" with more access to media and voters than average voting citizens and thus become MORE EQUAL than anyone else. The Supreme Court has turned blatently activist as Republican voters dwindle in number and are concentrated in rural America, while cities contain the majority, meaning the conservatives, backed by billionaires and corporations cannot win general elections without the undue influence of hidden mega-donors. We citizens are aware of this and it cannot stand, as excesses pile on excesses in the name of "free speech". Speech is not free when it comes to access and being heard in media. It costs millions of dollars we the people do not have, as wealth concentrates to the upper 1%. BE ON THE MORAL SIDE OF HISTORYwhen the public finally says enough! So I am writing to urge the SEC to issue a rule requiring publicly traded corporations to publicly disclose all their political spending. If Citizens United is not overturned, then at least do this much for America--make disclosure the rule.

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.


arthur sellers