February 1, 2013
Dear Members of the Securities and Exchange Commission:
It's long past time to end secret political spending by corporations.
So I strongly support the SEC issuing a rule in the near future that would require publicly traded corporations to publicly disclose all their spending on political activities.
Both shareholders and the public deserve to know how much a given corporation spends on politics (directly and through intermediaries), and which candidates are being promoted or attacked.
As the adage goes, light is the best disinfectant. The power wielded by corporations should not be compounded by the secrecy of their political interests.
The Supreme Court can laughably conflate money with speech, and confer personhood upon corporations. In this new and regrettably legal context, the moral interest of society would be served by denying the shield of anonymity to the soulless corporate behemoth.
Thank you for considering my comment.
Sincerely,
Calvin Harriott