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Here's a proposed open letter to Congress:
Dear Congress,
Take a deep breath. Calm down.
You passed the $787-billion stimulus bill without even reading it in the hopes that it would fix the economy. We know, you were in a hurry to try to do something, but we can all see now that it didn't work. The banks still are afraid to make loans, the stock market is still in the tank, and unemployment hasn't dropped - but the risk of inflation is now dangerously high.
As you move with increasing speed, you are passing bills not only without reading them, but also without even thinking about the consequences. Because you are worried about the AIG bonuses, the House just passed a bill that would:
...impose a 90% levy on bonuses paid to workers whose household incomes top $250,000 by firms that received more than $5 billion under the government's financial rescue package. That would encompass much of Wall Street, including such marquee-name firms as JPMorgan Chase & Co. and Goldman Sachs Group Inc.
What you're not realizing is that this would be a massive attack on the entire U.S. financial industry - the very industry you are trying to protect.
...alarm spread across Wall Street that the government's sudden taxation fervor could ensnare thousands of workers and affect every major financial firm.
Although the fast-moving legislative campaign was born of frustration with the bonuses paid to workers at ailing American International Group Inc., employees at comparatively healthy investment banks fretted about the steep tax hikes they could face if the legislation became law.
It's clear now that you are acting hysterical. It's easy to fix that. Just take a deep breath. Calm down. Take your time. Read the bills before you vote on them. Give the American people time to read the bills and discuss them before you vote on them. Promote free and open debate, because that will help you identify the strengths and weaknesses of the bills you are considering. Find the bills that will make our country safe, add jobs, and responsibly address the financial dangers our country is in.
Just. Calm. Down.
Sincerely,
The American People
#2
I am here for the first time and like what and how you write. Hope to hear from you soon and something new )
Don't agree. They should ba ashamed of being part of what has happaned, at their hand and all resign.
They did this and are still collecting a check. In any company/corporation across America, this type of behavior would have you out the dorr in a week, or maybe a month, but not "entitled" to decades of perks, not to mention wining and dining by lobbyists.
Decent men and women in their shoes would tender their resignations and head into seculded areas of the country, with a vow to not write any books, nor do any consulting.
The "smart people" fooled us. All they know is how to vote by the polls, formal and informal. They can't lead, and govern. Their track record proves this beyond a shaodw of a doubt.
They don't read the legislation that impacts our very future, be it on war powers or economic issues. They leave it to their blaoted staffs of wannabe, future country wreckers.
Take deep breaths after they get off the plane, already resigned, in a town where maybe no one will recognize them and call them out for their behavior.