Tell the SEC: Don't let corporations hide their political spending. Please submit a public comment.

We helped put disclosure of corporate political spending on the agenda. Now we need to keep it there. After unprecedented public pressure, the Securities and Exchange Commission recently announced they're working on a rule to require publicly traded corporations to disclose their political spending. But in the face of a right-wing backlash, we need to make sure the SEC follows through. Click below to submit a public comment: The U.S. Supreme Court's disastrous Citizens United v. FEC ruling has allowed corporate CEOs to unleash a torrent of secret corporate spending into our political system. Indefensibly, CEOs are able to keep both the public and their own shareholders in the dark about the use of company funds for political ends. And the results have been absolutely corrosive to our democracy. Fortunately, the Securities and Exchange Commission (SEC) is empowered to enact disclosure requirements for publicly traded corporations. And recently, after unprecedented amounts of public pressure, including over 150,000 public comments submitted by CREDO activists, the SEC announced it is working on a rule requiring corporations to disclose their political spending. We helped put this disclosure rule on the agenda, but we need to speak out to make sure it stays there. Tell the SEC: Don't let corporations hide their political spending. Click here to submit a public comment. Corporate giants routinely launder their political spending by funneling it through politically active intermediaries like the U.S. Chamber of Commerce and the American Petroleum Institute. So it's no surprise that these political heavyweights and other right-wing groups are fighting back and pushing hard for the SEC to abandon its plan to issue a disclosure rule on corporate political spending. It was already a huge lift to get the SEC to put this issue on the agenda. In the face of this right-wing backlash, we need to continue to demonstrate strong public support for ending secret political spending. Tell the SEC: Don't let corporations hide their political spending. Click here to submit a public comment. To be clear, what we really need is to get all corporate money out of politics, to roll back Citizens United, end corporate personhood and institute public financing of elections. And we are working hard toward those long-term goals. But in the short term, given how corrupt the system is, disclosure of corporate political spending would be a meaningful, though small, step forward. And it's one we can achieve. While the likes of the Wall Street Journal's editorial board are opposed to this idea, it's actually a commonsense idea that is not especially ideological. In fact, nearly 60% of the S&P 100 companies already voluntarily disclose their political spending to investors. And in 2011, of the remaining S&P 100 corporations, 25 had shareholder votes about political spending issues. Already one SEC Commissioner has come out in favor of the idea. We just need two more to agree. Tell the SEC: Don't let corporations hide their political spending. Click the link below to submit a public comment. http://act.credoaction.com/r/?r=6996243&p=sec_agenda&id=54603-4993481-6eb9uZx&t=5 Thank you for speaking out. Your activism matters. Matt Lockshin, Campaign Manager CREDO Action from Working Assets Click below to submit a public comment: Share on Facebook Post to your wall Tweet this Post to Twitter

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Goldman Sachs: Fraud and Profit ! The Devil is an Investment Banker !

Unbelievable. Goldman Sachs, the Wall Street titan under investigation for defrauding investors, has posted profits of more than $3.5 billion over the past three months.

fat cat
Tell the Senate to fight for taxpayers and consumers!
Watch our new video about our financial reform strategy as you sign the petition to tell your senators to rein in Wall Street's predatory and risky practices.

These "too-big-to-fail" monstrosities that caused the crisis remain out of control - and just a few bad bets away from another bailout.

Over the next week, heated debate on the Senate floor will focus on financial reform. We expect several attempts will be made to weaken consumer protections and create giant loopholes for the big banks.

Wall Street is lobbying harder than ever to fight reform. For the big banks, anything that stands in the way of their big bonuses, bailouts and casino capitalism is a threat.

Meanwhile, families across America trying to make an honest living continue to struggle.To learn more about Public Citizen's financial reform work,Vist/Click Here

Support reform! Take action to prevent a repeat of the crisis that plunged us into the Great Recession. Sign the petition for real financial reform.

Goldman Sachs and the rest on Wall Street are back to their old financial tricks and lobbying harder than ever to fight reform. For the big banks, anything that stands in the way of their big bonuses, bailouts and casino capitalism is a threat.

Keep up the fight. Take action for strong financial reform today!

Thank you for all you do.

Rick, Angela and Glenn
Your advocates at Public Citizen
action@citizen.org

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To learn more about Public Citizen's financial reform work,Vist/Click Here To get regular e-alerts about opportunities for activism and other ways to help with Public Citizen's work, sign up for the Public Citizen Action Network.