February 2, 2013
Dear Members of the Securities and Exchange Commission:
Secret political spending by corporations corrupts American democracy. People are moral. Corporations are amoral and many times their singular interest to maximize their own bottom lines directly conflicts with the well-being of Americans which is the goal of "We the People".
Although I believe laws should be passed to eliminate any corporate meddling in government, I know that won't happen in the near term. Therefore, 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. That's fair and doable.
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.