January 18, 2012
Since it is the wealthy who know own and run America, we demand to know how they are doing it.
The Supreme Court made a devastatingly horrible decision to let big money become "a person." We know that people abandon all personal responsibility when they walk through the doors of a corporation--it's just too easy to let greed take over ("well, everyone is doing it") and too hard to stand up to the BIg Boss ("I must feed my family").
If they have nothing to be ashamed of, then let the country they're ruling see what they're up to.
It might be that not all investors are happy with the way their money is being abused.
Why don't we just urge the rich to count their blessings and leave the rest of us alone?
I am deeply concerned about the influence of corporate money on our electoral process.
In particular, I am appalled that, because of the Supreme Court's ruling in Citizens United v. Federal Election Commission, publicly traded corporations can spend investor's money on political activity in secret.
I am writing to urge the Securities and Exchange Commission to issue a rule requiring publicly traded corporations to publicly disclose all their political spending.
Both shareholders and the public must be fully informed as to how much the corporation spends on politics and which candidates are being promoted or attacked. Disclosures should be posted promptly on the SEC's web site.
Thank you for considering my comment.
Rebecca Saunders
Cambridge, MA