March 28, 2014
I am deeply concerned about the influence of corporate money on our electoral process.
I prefer a reversal of the Supreme Court's decison to allow corporations to dump large amounts of money into political campaigns because I think this decision will be the ruination of this country and the political process as we know it. In the same vein, I urge you to stop the disastrous Citizens United decision which allows corporations like Monsanto and Chevron to spend unlimited money to influence elections.
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. 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.
Helen Van Hoozer