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.
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.
Private citizens, like myself, have little in our lives that avoids scrutiny, especially when it comes to our incomes and our givings. Why should corporations have such power to give, give, give and use that giving power to persurade our policymakers to vote in favor of those corporations? When will the power return to the people? Like never? It's a shame how we have strayed from the founding father's intents.
Thank you for considering my comment.