In a brilliant editorial, the WSJ exposes the political agenda behind those who would mandate corporate disclosure of campaign contributions and other political spending and smashes their arguments. The editorial concludes:
The political left poses as shareholder champions to try to embarrass companies into giving up their free speech rights only to invoke the First Amendment to avoid disclosing which unions or liberal billionaires are financing its campaign of political intimidation. Shareholders who care about political freedom and the health of their businesses should tell corporate boards to fight back against this bullying.
Exactly right. Please go read the whole thing.
