February 3, 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.
Corporations are not people - their political support represents that of only those in corporate power, not of all of the shareholders. If we cannot put a stop to anonymous political spending, it's time the shareholders are made aware of not only the recipients of their support, but the extent of it.
Thank you for considering my comment.