November 7, 2013
SEC Comment file 4-637
Dear Comment file 4-637,
I am deeply concerned about the continued and intensified influence of corporate money on our electoral process!
In particular, I am appalled that, because of the Supreme Court's ruling in Citizens United v. Federal Election Commission, publicly traded corporations can spend investor's money on political activity in secret! Corporations are not people!!!! Corporations are corporations, ... and this Supreme Court's "twisted interpretations" and "partisan folly" will no doubt, ultimately,,, face "the back hand" of history and be swept aside and into the nearest waste can, ... like so much rubbish dumped on a picnic table, and left for the next picnickers to clean up!!!
As a voter, tax payer, and an individual investor, I am writing to urge the Securities and Exchange Commission 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.
Thank you for considering my comment.
Sincerely,
John Walker