May 1, 2012
Dear members of the Securities and Exchange Commission:
The Citizens United ruling makes a lot of sense, if you believe that our Supreme Court is on the payroll of a hostile foreign entity. Unlike citizens, corporations are owned by and answerable to their shareholders. If the majority of a corporation's shares are owned by a foreign entity, that entity will dictate the corporation's actions. Why has our Supreme Court granted our precious rights as Americans to such foreign-controlled entities? I think we Americans are entitled to some explanation. I also think that incompetent members of the Supreme Court ought to resign and take up safe hobbies appropriate for people who have lost their wits.
In the meantime, 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.
Thank you for considering my comment.