April 2, 2014
I am deeply concerned about the influence of corporate money on our electoral process.
A successful, functioning democracy depends an on educated populace that votes and has confidence in their elected officials, This decision allows the super rich to hide in anonymity, and to influence elections with amazing amounts of money, accountable to no one, and hidden.
Please help us to avoid an oligarchy.
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.
Barbara Barrett Bloom
Thank you for considering my comment.