February 2, 2013
Dear Members of the Securities and Exchange Commission:
It's long past time to end secret political spending by corporations.
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.
Our founding fathers worked hard to prevent power from concentrating in the hands of a few. They worked hard to establish the right of an ordinary citizen to voice an opinion and be equally informed. 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 just common sense. If a corporation's activites such as political spending can not stand the light of day, then they are likely doing something that underminds the public good.
Thank you for considering my comment.
Sincerely,
Cathy Lohmeier