February 2, 2013
Dear Members of the Securities and Exchange Commission:
My take on this issue is that the clout of corporations outweigh that of individuals and is therefore unfair on its face. The right to know where their additional weight is being positioned is the commonsense small step to even the playing field.
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,
Dale Benjamin Drakeford