February 1, 2013
Dear Members of the Securities and Exchange Commission:
I am very concerned that our country
is becoming ever more defined as "for
the corporations" and less about "for
the people". Can we get some reasonable
balance back in Washington? Corporations lobby in Washington to get laws passed that are designed to strip personal freedoms and to boost corporate profits. They buy influence through undisclosed secret spending. This happens over and over again. Our lawmakers often bargain away our precious freedoms by passing legislation designed to protect profits and reward corporations. It needs to stop.
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.