February 2, 2013
Dear Members of the Securities and Exchange Commission:
What term is as perfectly accurate to describe selling out to the highest bidder? It's called prostituting ones self and ones government. We have a regulatory branch for a reason, and that reason is not intended to be, to undermine effective, productive, government.
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,
Nick WImett