April 2, 2014
I am deeply concerned about the influence of corporate money on our electoral process.
I have voted all my life and felt my vote would count. Now it seems that a huge amount of money is being spent to elect those who agree with anyone who is paying those huge amounts to get that person elected. In particular, I am appalled that, because of the Supreme Court's ruling in Citizens United v. Federal Election Commission, publicly traded corporations can spend investors' money in secret.
I am writing to urge the Securities and Exchange Commission 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.
With the decline in the education money spent to educate our citizens, too many are swayed by ads paid by big money. Sadly, scare tactics are used in every election, damning candidates who would do the job best.
Thus BIG OIL and billionaires control our country. This is wrong and will destroy all we stand for. Pollutors will continue to pollute and people who live in some polluted and destroyed areas will die. Those who are extremely wealthy will become more so, and others will remain hungry. This is not the USA it should be.
Thank you for considering my comment.