February 2, 2013
Dear Members of the Securities and Exchange Commission:
I am not privy to the very exclusive world of power and wealth which makes crucial decisions about present and future America. I am becoming increasingly convinced that that this corporate and Wall Street world is not privy to the stark realities of physical existence which climate scientists are presenting to us in ever more convincing detail. I am not sure that this nest of privilege understands the ultimate costs of stripping both the population and the environment of a viable future.
We surely, none of us, will escape the destabilizing societal and environmental consequences. None of us. The key lever used in this obliteration of life, sense, and meaning is the purchase of the political superstructure with money. So again the question. In this world apart, are the makers and shakers so naive as to think they can escape what will become in the crash of the environment and society our mutual annihilation?
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.