Subject: File No. 4-637
From: Joby McClendon

May 11, 2013

Dear members of the Securities and Exchange Commission:
I am a 70-year-old retired teacher, living primarily on Social Security, yet I have to report, and pay income tax on every dime I receive.
It is incomprehensible to me that there are so many millions of dollars flowing freely from lobbyists to congressmen, and to the media, totally unregulated, and from what we all can see, invisible to the SEC.
Thank you for considering my comment.

Joby McClendon
Ponder, TX