March 29, 2014
SEC
I am deeply concerned about the influence of corporate money on our electoral process.
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 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.
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.
Corporations are NOT persons, no matter what the idiots on the Supreme Court say. As someone has said, "I'll believe corporations are people when Texas executes one of them." There are many which not longer serve the public's interest which was the sole reason for allowing them over the dead bodies of the Founders.
If the SEC cannot force disclosure of all corporate political donations, we must destroy the SEC and the entire structure of corporations, bankrupting all of them and removing from the Body Politic by whatever imprisonment or execution necessary all Board Members and Executives who would use corporate assets which do not belong to them for any interference whatever in the political process.
SEC members who refuse to cooperate in this effort should be impeached, tried, and imprisoned for High Treason.
Thank you for considering my comment.
Sincerely,
Stonewall J. McMurray, III