March 28, 2014
SEC
I am deeply concerned about the 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 investors' money in secret.
Citizens United was the greatest assault on the US political process in the 200+ year history of our country. Continue down that path and you will be the Supreme Court that history will record as the one that completely destroyed our country. Do you want our country to wither and die on the vine because you enabled wealthy corporations and individuals to chart our course into the future, to their exclusive benefit? Maybe you enabled them to get rich, but you are impovershing our country, our children, and our future. You will be condemned into posterity as the group of thugs who destroyed our future for the profit of the few. You should be ashamed in concert with the degree of disgust that Americans of all stripes will view you into the future. Get real and protect the Constitution from your previous assaults. Otherwise, you will be judged as death itself to our American way of life.
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,
Ronald Gedrim