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 or unduly influenced by big bucks while we ordinary citizens cannot afford to buy our representation. Our forefathers never anticipated companies' becoming powerful enough to undermine our elections so that their interests outweigh the public's in vital decisions. Your acting on their exposure will aid democracy.
Thank you for considering my comment.
Sincerely,
Amanda Porter