Subject: Comment on File Number 4-637

November 26, 2012

Dear members of the Securities and Exchange Commission:

Political spending by corporations should be disclosed per company. A corporation is NOT a person and should not have personal rights such as free speech. At the very least, and there is much more, having a corporation plus the people within a corporation possessing these rights exerts undue influence. Other people don't have such a "double" voice. Bring back the only true America of, from and by the PEOPLE.

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.

Sincerely,

Paul Keller