February 2, 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.
Corporate fiefdoms, where CEO’s decide the political direction of his/her kingdom is anti-democratic. A CEO’s private money is one thing but to routinely launder undisclosed amounts of company money through some politically active group is inherently deceitful to the employees.
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.
Thank you for considering my comment.
Sincerely,
Rick Ericson