So much for tea bags
On March 23 I wrote my representative, Mary Jo Kilroy, and sent her a tea bag (used):
"The behavior last week of Congress, particularly your Democratic colleagues, was outrageous. I was never so embarrassed to be a voting American. That Congress would propose a special tax to punish people with whom they signed a contract is beyond belief and beyond the Constitution. I suggest you all start reading all documents that affect our future and our economy. There is going to be a voter revolt."
Hmm. She's so scared of the voters, she completely spinned it and promptly replied on July 1 (probably too busy reading that 1200 page cap and trade bill) that she appreciated me reaching out to her and that she shares my "outrage over irresponsible compensation practices for executives. . ." Huh? Did I say that?
She then started her own spin on executive pay--but I wasn‘t outraged about that, I was outraged about Congress' behavior in whipping up a frenzy over executive compensation. . . .
the gap between what an executive earns versus his or her employees is out of control. . . Lavish executive pay reinforces the notion that executives and their boards of directors often act self-servingly and not in the interests of their workers and shareholders. Reforms are needed to encourage sound risk management, long-term growth and value creation - not only at individual firms, but for our financial system and the economy as a whole.
This summer, Congress will begin efforts to reform executive compensation. As a member of the House Committee on Financial Services, I will work to bring compensation practices more tightly in line with the interests of shareholders and reinforce the stability of firms and the financial system.
Gee, it's no wonder that Obama has turned everything over to the Czars instead of our elected representatives. They can probably read!