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.
I live in an area where one industry pours millions of dollars into political campaigns. This supports the election (and re-election) of officials who let this industry operate unfettered. Pollution and damage to private and public property Is self-regulated by the industry itself. The officials make deals and spend tax payer money in ways that are against regulations, while the public suffers and pays the bills.
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,
JoAnn Quade