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Front Page » February 5, 2008 » Opinion » Letter to the Editor: Ruts
Published 2,365 days ago

Letter to the Editor: Ruts


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By JOHN BAUER
Martinez, Calif.

Editor:

The CEO takeover of our nation flourished during the Clinton/Bush administrations. It wasn't just the well-worn ruts through the White House and congress.. Please remember those fertile issuances of stock-options that propelled big political donations, that propelled more issuances and more donations, etc.

It spread like wildfire from a few corporations as compensation-substitutes, to thousands of other corporation executives. Shareowners not receiving the issuances, the general public, pensioners, investors, consumers and others are still footing their bill. Now we have a market with a jello-like foundation.

Only voters, transcending political party affiliation this year can elect a president and members of congress who will get us out of the ruts.


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