Sent: February 4, 2013
To: rule-comments@sec.gov
Subject: File No. 4-637

Dear Members of the Securities and Exchange Commission:

PERSONAL NOTE:

I do not have a problem with "capitalism" per say. Just that there is a fundamental flaw in the way western "capitalism" is structured. The simplest way to make banking, i.e. Capitalism, safer for all humanity is to follow the money that powers all. A short trek leads directly to the foundation of capitalism, IMO, and that is the ability of a few to profit from the exploitation and pollution of the commons. BIG profits from pollution of the commons. And once those fossil energy profits started flowing about 1700's and the pollution started to become obvious, London fog, poisoned rivers, etc., man passed laws to limit the worst of the pollution. Fossil responded by buying the court system, lobbying politicians, re-writing Laws, paying off inspectors, influencing media, buying complete media outlets, etc., to enhance those profits. All dependent on the ability of the few to pollute the commons. Yes, they even spent a bit of money to clean the worst, under duress, and dilute the remainder. They bought and continue to buy “scientist” to relabel what is clearly pollution, as a natural life process and good for trees and growth. Red herrings all. All to increase the GDP, which is first tapped by the few at the top, with a little for the masses to keep the lie alive. The masses confused and complacent. Finally arriving at a point where money can now “vote”! Capitalism and Corporations, for the most part, are totally dependent on free or low cost pollution of the commons. How many times have you heard: “We can’t hurt the GDP!”or some variation there of. ALL FUNDED BY POLLUTION OF THE COMMONS! A failed paradigm of the first order…

I pay $120 a ton to dump house hold garbage, $50/T to recycle yard waste. Even storm water run off is not free. I will be fined over $100 if caught throwing a paper cup out the car window! ($1,000 in AK.) Corporations, "People" now, get to pollute the world with toxins for FREE!? Get real. 

The GOP do not fund abortion. Fine. A precedent. Why must we the people be forced to fund the ecocide of the planet with our tax $$$ to subsidize the Fossil Barons? Go figure...
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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.

Thank you for considering my comment.

 

Sincerely,

Leif Knutsen