[bouldercouncilhotline] Hotline: Shareholder approval of injecting a corporation's money into politics following Citizens United

[cmosupport at bouldercolorado.gov]

Sender: Cowles, Macon

At our June 4 meeting, we will be discussing reform of Boulder campaign finance laws in the wake of the Citizens United decision of the US Supreme Court. The option before us will
 include requiring shareholder consent as a condition of a corporation's spending money to support or oppose candidates or issues


I recommend reading the NYT OpEd on this topic by the Founder and former CEO of Vanguard, one of the largest and most respected group of mutual funds and index funds in the country. The article can be found here:


http://www.nytimes.com/2011/05/15/opinion/15bogle.html


Macon Cowles
Boulder City Councilor