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.
When Corporations pay out hugh sums of (secret) money to buy congressional members, and are rewarded with even more tax breaks, then the poor and middle-class are paying for their own corporate screwing. Let us know who is giving and who is taking so we'll know what not to buy and who not to vote where.
Thank you for considering my comment.
Sincerely,
Robert McCart