April 28, 2012
Dear members of the Securities and Exchange Commission:
I am writing to urge the SEC to issue a rule requiring publicly traded corporations to publicly disclose all their political spending.
Money is information, and money spent on public campaigns needs to be public information. Armed with such information, citizens may make the connections most of us suspect are present between donors and government officials, and be properly informed about potential conflicts of interest. This violates NO constitutional right -- neither infringement of freedom of speech nor right to privacy.
Both shareholders and the public must be fully informed as to how much the corporation spends on politics and which candidates are being promoted or attacked. Disclosures should be posted promptly on the SEC's web site.
Thank you for considering my comment.