February 9, 2012
Securities and Exchange Comm.
Dear Securities and Exchange Comm.,
I'm angry that nothing is being done about the influence of corporate money on our electoral process.
For starters, I am outraged that, because of the Supreme Court’s ruling in Citizens United v. Federal Election Commission, publicly traded corporations can hide expenditures of shareholder funds on politics.
Before that gang of criminals on Wall Street killed them I had hopes of a decent pension. My pension funds were listed as endangered or whatever and I don't seem to have much hope of collecting much more than SSI! And I am just one of tens of millions of everyday citizens with this problem.
I, and every single citizen with pension money invested in and by Wall Street has a right to know if they have been and/or are using my retirement nest egg to purchase political patronage which is then directed in my worst interest!
The Wall Street embezzlers and extortionists have robbed me into near poverty and I demand to know how the criminals who have luxuriated in the benefits of the money I planned for retirement have used it against me. I have a right! Everyone with money in a pension fund has a right to this information.
You have the power to compel these publicly traded corporations to reveal how they have been using our money and we demand to know right now!
I am writing to demand that the Securities and Exchange Commission issue a rule requiring publicly traded corporations to publicly disclose, in detail, all their political spending.
Both shareholders and the public must be fully informed about corporate political spending and which candidates it is being used to promote or attack. Disclosures should be posted promptly on the SEC’s web site.
Thank you for considering my comment.
Sincerely,
Al McCullough