From: Leahy for Senate on behalf of John Fogarty Sent: Tuesday, January 31, 2012 5:25 PM

Subject: Require disclosure of corporate spending in politics. 4-637

(sn# 1077)

January 31, 2012

Securities and Exchange Commission

Dear Commission,

Right now, Super PACs don't have to disclose their unlimited corporate donations. That means they can keep the public in the dark about who's funding the attack ads that bombard their TV screens daily.

That's why I'm joining with the 14 United States senators who formally asked you to use your regulatory authority to require that corporations disclose their spending in elections.

SEC: Exercise your regulatory authority to require public disclosure of corporate political contributions.

For generations oversight of our government was a fundamental right of the American public. We are the government and we have a right to know what is happening within it. That includes the process by which our representatives are selected to represent us, all of us, not just voters, not just the wealthy and powerful, all of us. Those individuals who have worked so dilignetly to remove those policies which protected that right to oversight should know shame for their biased destruction of one of the few control measures Americans can use to fully participate in an informed manner in the important decisions being made to regulate our society.. The current Supreme Court Justices certainly fall within this group of powerful leaders destoying our individual rights Unless balance is restored to this branch of government I can only grieve that we will continue to lose our our capacity to govern ourselves.


John Fogarty