From: mshell@boreal.org
Sent: Thursday, December 04, 2003 1:57 PM
To: rule-comments@sec.gov
Subject: Re: File No. S7-19-03



Secretary Jonathan Katz
Securities and Exchange Commission Re: File No. S7-19-03
450 Fifth St., N.W.
Washington, DC 20549

Dear Secretary Katz,

Re: File No. S7-19-03

I am pleased to hear the U.S. Securities and Exchange Commission
is on the verge of adopting historic corporate accountability
reforms. I am writing to offer supporting comments on SEC
proposal S7-19-03 regarding security holder director
nominations. 

Too many corporate boards appear eager to award outrageous pay
and retirement perks to corporate executives in exchange for
cushy work and pay and inside information. the current
situation, however longstanding, is too incestuous to meet even
the lowest of morality standards.

Despite the label of "peasants" and the like by the power elite,
ordinary people are not to be treated like expendable units;
they are usually far better people than the monsters of our
present corporate mythology.
You know, there's a quiet revolution in the making, and one can
only hope it works on behalf of the general citizenry, because
if it becomes noisy, we're all in trouble. 

I strongly urge the SEC to reject the overly constraining
barriers and to adopt final rules that truly will give
shareholders a voice in picking directors at America's largest
corporations. Corporate reform should be something investors
actually can use.



Sincerely,

Mickey Shell
PO Box 775
Grand Marais, Minnesota 55604