The Obama administration is attempting to bypass Congress and force publicly-traded companies to reveal their political donations through regulation.

The Securities and Exchange Commission’s Division of Corporate Finance has begun the steps necessary to create a regulation that would in many ways mirror the DISCLOSE Act — a bill Senate Democrats have failed to pass through Congress.

Created in reaction to the 2010 Citizens United Supreme Court ruling that said corporations and unions could not have limits placed on their political expenditures, the Senate bill would require political organizations to publicly name their donors and the amounts they give.

The SEC regulation would do the reverse — force companies to disclose the political groups they support — and have a similar effect.

Read more: http://dailycaller.com/2013/01/18/obama-.../#ixzz2ILN95LDB

Any wagers on how many newspaper headlines we will read in the coming years where they start with the words, "Obama bypasses Congress"?

That is not bypassing congress, that is breaking the law.

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