Sent: Wednesday, December 17, 2003 10:15 PM
Subject: File number S7-19-03

Dear Jonathan G. Katz, Secretary,

Democratic rules for democratic businesses or tax them out of
this country, and put tarriffs in place! All US businesses that
do work for this goverment can not be from outside the borders.
If contracted by the US goverment they must have the taxes taken
out during the payment phase.  Elections have kept this group of
diversified foreigners together for over two hundred years, if it
is good enough for our goverment, it should be the law for
shareholders, or put a very heavy tax on all their products!

The past records of mosy CEO types in thei country would not
have gotten their second job if the people who pay for stocks got
to judge their leaders qualifications.  Most to date have been
crooks for some time, the goverment of today does not give a dam
about their qualifications, nor do they try to recover the looses
these parasites steal.  The majority should rule, and the proir
records of these individuals should be investigated by the FBI
for the shareholders.  Theyare criminals and not deserving of a
question of doubt.

I am in support of shareholders being able to better nominate
candidates for corporate boards. I urge the SEC to support
greater democracy in the corporate elections process, which has
fallen victim to the special interests of the self-selected
directors who now govern publicly held companies in the U.S. The
SEC should support investors' rights to nominate legitimate
candidates for company boards, and to do so through the company's
proxy ballot mailed out to all investors.

I am very concerned with what I've heard about the SEC-proposed
rule. The rule should go much further in providing investors with
strengthened rights regarding the nominations and voting process.
I oppose the "triggering events" described in the proposal that
make it even more difficult for investors to challenge corporate
boards when they are asleep at the switch. Proposed by opponents
of election reform earlier this summer, these triggers have no
place in building a fair nominations and elections process. The
new rule must provide investors, large and small, with greater
reins over the boards that represent them -- if for nothing else
but to pressure directors to clean up mounting conflicts of
interest.

The rule must provide fair and robust mechanisms for company
owners (the investors) to place highly qualified and truly
independent people on the ballot. Only then can shareholders
effectively hold individual board members accountable for their
action and inaction.

Until corporate governance is strengthened to make directors more
accountable to shareholders and stakeholders, we'll continue to
lose investors' confidence in markets and corporate management. I
hope that this time, the SEC will stand by investors, including
individual ones that have poured their life savings into the
markets, and improve the system to allow for greater shareholder
suffrage. Allowing the owners of companies to have a realistic
say in the membership of the board is one of the best ways to
begin cleaning up Corporate America, and restore our faith in its
financial system.

If you cannot get legislation to correct this continuing theft
then huge rewards should be allowed for the people they rob.
That means taking everything they own, putting them in jailfor a
long time, not in luxury prisoms either, giving their families
minumum support, put them on welfare after you take and split
everything up and give it to the people who were robbed. Send a
clear message to these scum, stop or be jailed and bankrupted
completely!

Sincerely,

Joseph Harty
 1220 McMinn Ave; 256
Santa Rosa, CA 95407
htophet@hotmail.com