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.
This is something every stockholder SHOULD know; it also let's those who don't own stock know when making decisions about where to buy something.This is really the essence of capitalism isn't it?
We simply don't believe in decisions being made in the dark and dishonesty in not part of what America is and stands for. Should these corporations knowingly be allowed to be unpatriotic? Do we really want such corporate citizens?
Thank you for considering my comment.
Sincerely,
Larry Manter