February 4, 2013
SINCE MONEY SPENT BY CORPORATIONS IN POLITICS IS DOLLARS THAT COULD BETTER BE SPENT IMPROVING THE CORPORATION OR FOR DIVIDENDS TO STOCKHOLDERS, THE CORPORATIONS SHOULD BE FORCED TO MAKE PUBLIC TO WHOM AND HOW MUCH MONRY IS BEING DIVERTED FOR POLITICS.
IT SHOULD ALSO INCLUDE A MANDATED PROVISION THAT ALL EXECUTIVES MUST DISCLOSE ANY DONATIONS OVER $100 BE REVEALED AS WELL, SINCE BONUSES AND RAISES COULD BE GIVEN AND THUS PROVIDE ANOTHER WAY TO HIDE ANY MONEY THAT IS TO BE THEN DIRECTED TO A SPECIFIC GROUP OR POLITICIAN.
BELOW IS BOILERPLATE
Dear Members of the Securities and Exchange Commission:
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.