Time For Action

Both Presidential candidates and their party have attacked the excesses of corporate America, Wall Street, CEO's golden parachutes, and other extreme benefits to the wealthy.  It's a good sign but remember this is an election year.

 

If both parties are serious about this rape of America, now is the time for Democrats and Republicans in Congress to come together and demand, "no more."  They should put corporate America and their lobbyists on notice.  There will be regulation, oversight, checks and balances, and accountability. No more special favors and no more special access to members of Congress. 

 

The second thing both parties must do is review the tax code and eliminate all the loopholes that benefit the wealthy and well-off.  Loopholes and special favors do not get into the tax code by accident --- Congress put them there and Congress needs to fix it.

 

Reigning in the excess of corporate America won't be easy, but it can be accomplished if both parties exhibit backbone.  The time is right and the voting public should demand action and hold both parties accountable for their actions, or rather, inactions.

Corporate America: Leaving the Average American in the Dust

Corporate America has the power to transform the quality of life for its employees and the people of this country.  They have failed to do so because of their greed.  They give exorbitant bonuses, stock options, and the like to their CEOs and executives, even when their companies are losing money.  This is done at the expense of their faithful employees who make everything possible for the company.

 

At a time when health insurance and retirement benefits are being reduced for the average worker, (some benefits are being eliminated) CEOs and executives are still receiving their exorbitant bonuses and stock options.  All the while corporate America enjoys the advantage of loop holes in federal tax laws that allows them to pay less tax than the average American.

 

They also enjoy corporate welfare from the federal government under the disguise of need.  If CEOs and Executives were given bonuses and stock options at a ratio that can be related to their average worker's salary, the excess they are now being paid could be diverted to a health insurance fund for their employees.  That would alleviate the reduction in health coverage employees are experiencing.  But, of course, greed gets in the way. 

 

It is also corporate America that spends millions of dollars to hire lobbyists, some have their own lobbyists within their company.  Their purpose is to influence Congress and State Legislatures so they can receive special treatment while the average American, when contacting their representatives, receive either a standard reply or none at all.  

It is time for Congress and State Legislatures to show lobbyists the door and treat them like the average American.  Corporate America and their lobbyists have destroyed the checks and balances that were created to take care of the average person's business.  Their greed has corrupted our system and something must be done to change it.