November 9, 2013
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 – and to do so this year.
“Dark money” groups that accept contributions from corporations, but are not required to publicly identify their corporate donors, spent millions of dollars during the 2012 elections. It is a scandal that money from publicly traded corporations – which belongs to investors – can be secretly spent to distort our democracy.
The Supreme Court’s ruling in Citizens United v. Federal Election Commission created the loophole that enables this secret spending, but the SEC has the authority to close it.
Both shareholders and the public must be fully informed as to how much corporations spend on politics and which candidates are being promoted or attacked. Disclosures should be posted promptly on the SEC’s web site.
We are counting on Patriotic Americans to expose who is buying what politicians, in order to save Democracy it's self. The people want back the Constitution and the Bill of Rights. People who oppose rich corporate criminals are always met with police who are illegally ordered to stop protesters who are using their Constitutional rights to do so. Everyone who works for the State or Federal Government has taken an oath to support and defend the Constitution, all who violate their oath need to be immediately removed from office. As it is now the criminals get away with it because they will not pass laws like I previously suggested because these laws would be used against them.
Thank you for considering my comment.