November 6, 2013
SEC Comment file 4-637
Dear Comment file 4-637,
Our country is desperately in need of patriots to stop the influence of corporate money on our electoral process. The current level of corporate influence is anti democratic, unamerican and is destroying the liberties and freedoms of the American people. Please bear in mind that I'm not even an American, but care more about this country than the corporate fat cats buying up this country's politicians. If you care about YOUR country and YOUR flag, then its time to take a stand for the future of the U.S.A.
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 investor's money on political activity 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.
Thank you for considering my comment.
Sincerely,
Gerry McLoughlin