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.
I would further like to to say that perhaps the U.S. Supreme Court is not the proper entity to be making such decisions. The Supreme Court is supposed to be an impartial or unbiased party to decisions made for the good of all citizens in a democracy. As we have learned in Bush v. Gore, and now Citizens United, when appointments to the Court are made with the intention of "packing the Court" in an effort to favor one political Party, what we have is anything but democracy. I don't believe it was intended that our Justices be placed in this position.
Please fix this problem and make sure that large sums of money cannot be used by anyone person or any entity to buy our elections and sabotage this Nation's democracy. The world is watching. Do we want those countries which we are helping to become Democracies to think this is the way things are done in America?