April 2, 2014
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.
Buying elections with the "blessing" of the Supreme Court is not what our USA founders had in mind. This means that the billionaires like the Koch brothers have more power than intelligent middle class people. Already, these wealthy people and corporations have the power of choosing political leaders,
Citizens United should be abolished rather than giving more people with money the right to buy votes. There is a fear in this country for our grandchildren.
Roberta K. Brown
Thank you for considering my comment.