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. As an American, I deserve to know if a corporation is funding ethically corrupt politicians. Corporations have no business funding politicians at all and their current ability to financially impact elections has effectively removed individual Americans from our electoral process as corporations can throw unlimited money behind their own interests and financially cripple the interests of the actual American people. But at the very least, the money spent by these corporations must be made publicly available, so we as American citizens can at least choose not to support corporations that fund ethically and morally reprehensible politicians and campaigns.
Thank you for considering my comment.