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. We force companies to disclose things about their products so that consumers can make informed choices when they shop. How much money corporations actively spend to undermine or support specific issues should be part of the package that consumers get to be informed about. Because by buying a product they are supporting the corporation's spending.
Thank you for considering my comment.