About my experiences as the Democratic Precinct Committeeman for Illinois York Township Precinct 112, DuPage County, and Democratic news.
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Sunday, November 3, 2013
Hubris Versus Wisdom
From: "t r u t h o u t" <messenger@truthout.org>
Date: Nov 3, 2013 3:01 PM
Subject: Hubris Versus Wisdom
To: <aquarianm@gmail.com>
Cc:
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Governing in the Dark
From: "t r u t h o u t" <messenger@truthout.org>
Date: Nov 2, 2013 3:24 PM
Subject: Governing in the Dark
To: <aquarianm@gmail.com>
Cc:
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Saturday, November 2, 2013
CEO pay revealed
From: "Claiborne D., SumOfUs.org" <us@sumofus.org>
Date: Nov 2, 2013 10:33 AM
Subject: CEO pay revealed
To: "Daniel A. Stafford" <aquarianm@gmail.com>
Cc:
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Daniel,
After years of delays, the SEC has just voted to enact a potentially game-changing provision of the Dodd-Frank Act on CEO compensation, and corporate America is fighting like mad to stop it.
The new provision requires corporations to disclose the amount their CEOs make compared to the salary of the median worker. Corporate actors are shocked because the rule is surprisingly strong -- it doesn't allow many of the usual gimmicks that corporations use to skew data. This new rule could set off a revolution at Walmart and other companies that are getting rich off of underpaid staff.
The US Chamber of Commerce and other big business organizations are frightened, and are fighting back, pressuring the SEC to change its mind during a sixty-day comment period going on now. Sign our petition to the SEC today to ensure that your voice is heard, and the SEC makes the right call on corporate disclosure.
This data is valuable for investors, as it helps them determine which companies are dangerously overloaded at the top. The new disclosure will create downward pressure in the industry by rewarding companies with more reasonable salary hierarchies. It will also get workers talking, and put overpaid executives in the spotlight. This could be a game-changer for out-of-control inequality. Help us ensure that the provision stays in place, to stop the wild greed at the top of the largest companies in the US.
Unsurprisingly, corporate lobbyists are doing everything they can to stop these new rules, and if it looks like the public isn't paying attention, the SEC might just give in and water down its disclosure requirements. We can't let them get away with that. Let's flood the SEC with comments demanding the strongest possible rules for holding CEOs accountable to their investors and the public. We know regulatory agencies speak up when the SumOfUs community speaks -- the Federal Communications Commission just cited our comments in its decision making it cheaper for incarcerated people to call their families.
Thanks for all you do,
Claiborne, Taren, and the team at SumOfUs.org
**********
More Information:
TruthOut: Federal Regulators Finally "Mind the Gap", 22 September, 2013
SumOfUs is a world-wide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy. You can support our work by donating here.
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Friday, November 1, 2013
Utilities Cash In On The Lower Price Of Wind Power
From: "North American Windpower" <efeature@nawindpower.com>
Date: Nov 1, 2013 5:38 AM
Subject: Utilities Cash In On The Lower Price Of Wind Power
To: <aquarianm@gmail.com>
Cc:
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Thursday, October 31, 2013
From Senator Durbin
October 31, 2013
Dear Mr. Stafford:
Thank you for contacting me regarding a long-term extension of the production tax credit (PTC) for wind energy. I appreciate hearing from you and share your support for greater stability in the wind industry.
I cosponsored the Repeal Big Oil Tax Subsidies Act in the last session of Congress. This bill would extend tax credits for the production of electricity from wind resources and for investment in wind facilities through 2013. Unfortunately, the bill was not passed by the Senate. I remain hopeful that the PTC provision will be included in another measure.
The PTC was established in 1992 as part of the Energy Policy Act, which included a provision to promote energy production using renewable resources. Congress was able to pass a three-year extension of the PTC as a part of the economic recovery package that President Obama signed into law in February 2009. The production tax credit is an important incentive for wind energy producers in Illinois and across the country. The PTC provides a two-cents-per-kilowatt-hour benefit for the first ten operating years of a renewable energy facility. The extension of the PTC is important to the continued success of those companies working to reduce our nation's dependence on fossil fuels.
I strongly support the development and expansion of the wind industry.
Thank you again for contacting me. Please feel free to keep in touch.
Sincerely,
Richard J. Durbin
United States Senator
RJD/bkm
Durbin
