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Shareholders United: Ask Your State Legislature to Rein in Corporate Election Dollars.



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Your voices have helped keep the internet open for the time being. Pat yourselves on the back!

But if we're going to control the corporate influence on the issue of internet freedom and many other issues, we're going to have to control election spending (or what someone less polite might call bribery).

A way to start making this happen is found in legislation recently reintroduced in Maryland and being introduced or drafted in numerous other states.

Every corporation based in your state could be seriously restricted or even stopped in its spending on elections, including federal elections.

Urge your state legislators and governor to enact a Shareholders United act by clicking here.

Model legislation has been created by Maryland State Senator Jamie Raskin to rein in spending on all elections by corporations based in a state.

This bill would require corporations to get a majority vote of shareholders before funding elections, and to post any political expenditures online within 48 hours.

If a majority of a company's shares are owned by large institutional investors that cannot take political positions -- like state and local pension funds, mutual funds, insurance companies, foundations, churches, and universities -- then the corporation would be banned from making political expenditures or contributions.

Please click here to help pass the "Shareholders United" Act in your state.

After signing the petition, please forward this message to your friends. You can also share it from the webpage after taking the action yourself.

-- The RootsAction.org Team

P.S. RootsAction is an independent online force endorsed by Jim Hightower, Barbara Ehrenreich, Cornel West, Daniel Ellsberg, Glenn Greenwald, Naomi Klein, Bill Fletcher Jr., Laura Flanders, former U.S. Senator James Abourezk, Coleen Rowley, Frances Fox Piven, and many others.

P.P.S. This work is only possible with your financial support. Please donate.

Background:
Jamie Raskin: A Shareholder Solution to Citizens United
Public Citizen: Americans Condemn High Levels of Corporate Political Spending
 

www.RootsAction.org

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