by ERIC BYLER, Coffee Party
Due to the U.S. Supreme Court’s ruling in Citizens United v. Federal Election Commission, corporate CEOs are spending unprecedented, unlimited, and undisclosed amounts of money to elect the candidates of their choice in 2012, not just in the White House, but in our Congress. But the immense wealth at their command doesn’t really belong to them; it belongs to the shareholders of their companies.
And, no matter how capable, and no matter how powerful this elite group of corporate bosses has come to be, they should not be allowed to include our retirement savings and our investments in their secret political war chests.
The Securities and Exchange Commission (SEC), a federal agency charged with protecting the public from fraud and abuse, has the authority to require publicly traded companies to disclose how they spend money to influence our elections.
Please write to them (with "Comment on File Number 4-637" as the subject header) and let them know that you would like them to require such disclosure. Without taking a position on the controversy over whether corporations are people, or whether money equals speech, taking this action could help to contain the corrupting influence of money in politics by bringing it out into the sunlight. [MORE]