January 18, 2012
Dear Securities and Exchange Commission Employee,
The lack of transparency which we allow from corporations in the present day is simply deplorable, particularly when they wield so much power in our governmental dealings and electoral processes. These are the same companies who ruined the economy not five years ago, and they appear to have gone back to the same old song and dance of deregulation, which caused a savings and loan crisis in the 1980s and precipitated the recent recession, combined with the housing bubble which was partially created by the ability of companies to sell mortgage blocks and offer high-interest credit to people who could not pass credit checks.
This is not adult behavior. This is not business. This is the process of ruining the lives of millions of people in order to line the pockets of those at the top of the food chain, those who already have so much. We need to stop these people from being able to intentionally target the weak. This is the primary function of government, and as touchy as we are when are weak are harmed physically, when our weak are harmed financially, nobody even bats an eye. We need to get back to being civilized human beings again. Treating each other like people and offering a living wage rather than candidates promising to abolish the federal minimum wage.
For these reasons, I feel that Corporations should be outlawed from contributing to political elections altogether, and I would love to see Citizens United reversed, but as a small favor, it would be nice to have more transparency from these billionaires who can legally contribute unlimited amounts of money to super PACs. I hope you can find a heart to do the right thing, and I thank you for reading my letter,
Urbana, IL, IL