Newly empowered by the Supreme Court’s disastrous ruling in Citizens United v. Federal Election Commission, corporate executives are ready to spend unprecedented millions to influence upcoming elections.
If you or someone you know has a 401(k), a similar retirement account or other investments, the corporations funded by these investments could be part of the problem.
Don’t let families’ nest eggs become political weapons for the corporate agenda. If a majority of shareholders tell a corporation to stay out of politics, then the corporation should do exactly that.
Corporations aren’t people, but shareholders are. The Shareholder Protection Act (H.R. 4790) proposed by Rep. Michael Capuano (D-Mass.) would empower shareholders to vote on whether or not to allow executives to spend corporate money on political campaigns.