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.
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.
Unfortunately, politics in the US is often a money game. This makes wealthy corporations powerful, and makes government "by the people," or democracy, a lie. But when transparency is made possible, "the people" have the ability to know what is happening and voice their opinions, changing the game. Corporations are not people. Why do they currently have the right to act in a way that leaves people out?
Citizens United was a mistake. Help us change it.
Thank you for considering my comment.
Sincerely,
Elizabeth Himeles