Today's clueless government agency is the Securities and Exchange Commission.<\/p>
K\u1ec3 t\u1eeb n\u0103m 2011, h\u01a1n 640.000 ng\u01b0\u1eddi M\u1ef9 \u0111\u00e3 vi\u1ebft th\u01b0 cho \u1ee6y ban Ch\u1ee9ng kho\u00e1n v\u00e0 Giao d\u1ecbch, c\u01a1 quan qu\u1ea3n l\u00fd th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n v\u00e0 c\u00e1c c\u00f4ng ty \u0111\u1ea1i ch\u00fang, \u0111\u1ec3 \u1ee7ng h\u1ed9 \u0111\u1ec1 xu\u1ea5t y\u00eau c\u1ea7u c\u00e1c c\u00f4ng ty b\u00e1o c\u00e1o chi ti\u00eau ch\u00ednh tr\u1ecb c\u1ee7a h\u1ecd cho c\u00e1c c\u1ed5 \u0111\u00f4ng v\u00e0 c\u00f4ng ch\u00fang.<\/p>
Tu\u1ea7n tr\u01b0\u1edbc, \u1ee7y ban \u0111\u00e3 ph\u1ea3n \u1ee9ng b\u1eb1ng c\u00e1ch \u0111\u1ed9t ng\u1ed9t lo\u1ea1i b\u1ecf quy \u0111\u1ecbnh \u0111\u01b0\u1ee3c \u0111\u1ec1 xu\u1ea5t kh\u1ecfi ch\u01b0\u01a1ng tr\u00ecnh ngh\u1ecb s\u1ef1 n\u0103m 2014.<\/p>
Kh\u00f4ng h\u1ec1 c\u00f3 cu\u1ed9c th\u1ea3o lu\u1eadn hay b\u1ecf phi\u1ebfu c\u00f4ng khai n\u00e0o, th\u1ef1c t\u1ebf l\u00e0 \u1ee7y ban th\u1eadm ch\u00ed c\u00f2n kh\u00f4ng \u0111\u01b0a ra m\u1ed9t g\u1ee3i \u00fd n\u00e0o v\u1ec1 \u0111\u1ed9ng l\u1ef1c th\u00fac \u0111\u1ea9y quy\u1ebft \u0111\u1ecbnh t\u1eeb b\u1ecf m\u1ed9t s\u00e1ng ki\u1ebfn m\u00e0 h\u1ecd \u0111\u00e3 \u0111\u01b0a v\u00e0o t\u1ea7m ng\u1eafm ch\u1ec9 m\u1ed9t n\u0103m tr\u01b0\u1edbc \u0111\u00f3.<\/p>
But in acting so abruptly, the commission betrayed a stunning and disappointing disregard for the public it's supposed to serve. It implicitly endorsed the pumping of hundreds of millions of dollars in corporate funds into campaigns, with neither the knowledge nor consent of the shareholders involved, and the use of tax-exempt, non-profit groups to hide the donors behind all that political spending from the public.<\/p>
The Chamber of Commerce and its allies on the Wall Street Journal editorial board surely will celebrate the SEC's decision as a victory for free speech, arguing that the push for disclosure is no more than an .effort to push corporate voices out of the public square.<\/p>
That's rubbish. No one is trying or even thinking about trying to silence corporations or censor their speech. The SEC was simply being asked to ensure that shareholders, who after all own corporations, know and have a say in when those corporations invest in politics on their behalf.<\/p>
<\/p>"}}]},"yoast_head":"\n