1 Comment

  1. Vince Schumacher
    January 17, 2015 @ 3:22 pm

    Would a concerted campaign to amend state incorporation statutes be effective? The first amendment I would seek would be a provision to require any publicly traded corporation to send to its shareholders a notice in advance of a proposed political contribution from the corporate treasury. The notice must contain at least the amount to be spent and the name of the intended recipient and the date of the intended payment. To be really effective, the law should require that shareholders by vote of majority affirmatively approve the contribution before it can be made.
    Perhaps this requirement could be expanded to include advance disclosure of intended lobbying expenditures, as well.
    What objection could there possibly be? What legitimate objection, that is?

    Vince in Grand Rapids


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