July 25, 2013
When will OUR, The People's Representative government finally take direct action to insure that coverups, corruptions and secrecy are terminated and some degree of visibility to Us, The People, is given ?
How much lobbying has taken over our voices and needs, to favor the political BUYING of all laws, policies, and enactments, discussions, investigations, inquiries, and more....??
PLEASE, insure the SEC finially stands UP, rules to force the hidden forces stealing our money, wealth, properties, and lives to finally REVEAL themselves. Why should any organization be so ashamed of admitting what side it is on and paying for advertising ? we may even applaud them for their spending their money there...maybe.
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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.
Thank you for considering my comment.
Dr Mary J
Los Angeles, CA