February 1, 2013
Dear Members of the Securities and Exchange Commission:
I own a corporation; they are not people despite what a few judges decided. Our democracy is heading toward failure if money is all there is. I served nearly 40 years in the Army Reserves with an ideal about America which is being lost.
You can restore that ideal.
Not many of our corporate executives have served this country in uniform. Their sacrifice is to play golf and hob-knob in order to make more money and they know they need to get the ear of congressmen. Shame on America.
It's long past time to end secret political spending by corporations.
So I strongly support the SEC issuing a rule in the near future that would require publicly traded corporations to publicly disclose all their spending on political activities.
Both shareholders and the public deserve to know how much a given corporation spends on politics (directly and through intermediaries), and which candidates are being promoted or attacked.
Thank you for considering my comment.
Sincerely,
Timothy Kauffman