November 6, 2013
SEC Comment file 4-637
Dear Comment file 4-637,
I am deeply DISTURBED by the influence of corporate money on our electoral process. This process is propelled by self-serving elitists and does nothing for democracy or the people as a whole.
Kennedy would never have allowed this destructive process to escalate to this point. Which is why the elite decided to get rid of him. When and who will finally stand up to defend democracy? And when will the American people wake up and do some research to decide for themselves what's true and real and actually helpful for our country instead of just listening to other people?
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.