February 2, 2013
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.
I have to tell you a secret--I'm kinda embarrassed to live in a country that promotes democracy around the world--even using weapons and the lives of our precious treasure, our precious troops/younger generation--YET domestically, we undermine our own democracy by allowing it to be sold to the highest bidder. We are shameful hypocrites for undermining one person, one vote and this needs to stop. A very good first step is to require transparency. Please, please do so!
Thank you for considering my comment.
Sincerely,
Sheri Snyder