February 1, 2013
Dear Members of the Securities and Exchange Commission:
Our democracy is in danger--not only from a muzzled media, but from power brokers who are trying to wrest the power away from the people. The easiest way for them to do this is to buy the government by paying off government officials and the people's elected representatives. We can end this treason by ending secret political spending by corporations.
So I strongly support the SEC issuing a rule in the near future that would require publicly traded corporations to publicly disclose all their spending on political activities.
Both shareholders and the public deserve to know how much a given corporation spends on politics (directly and through intermediaries), and which candidates are being promoted or attacked. As citizens and taxpayers, we all deserve to know the real agendas behind (and likely real consequences of) proposed legislation. I strongly urge you to help preserve the democracy the Founders envisioned by issuing a rule requiring full disclosure of campaign donations and other political spending by publicly traded corporations.
Thank you for considering my comment.
Sincerely,
Morgaine Bergman