I have zero political agenda. I dont care who you vote for. I do have an opinion on things, so here goes.
1. Outsourcing.....[snip]
Where I have an issue, and where I think there needs to be controls put in place, is when corporate
insiders in essence put the money saved from outsourcing in their own pockets. If you go
through the list of companies that outsource and start looking at stock sales, bonuses and other incentives, you
quickly see that a material portion of the money saved is going into the pockets of insiders. Thats wrong. Or the
outsourcing is being used to hit a wall street expectation for quarterly earnings, maintaining stock prices and
enabling insider stock sales. Thats wrong.
If we want to make outsourcing the route of last resort and to make sure its only used when it makes absolute
business sense, prevent insiders from selling stock or earning corporate bonuses in any year they outsource
jobs.
2. Expensing Stock Options...[snip]
Which leads to the question of how to value the options. Its simple. Require the companies to buy them from
marketmakers in the open market. The company should be responsible for finding someone on an exchange to issue
options for their public stock. They are required to find someone to issue insurance on their businesses. Finding someone to issue options should be no different.
3. Protecting Drug Company Profits....[snip]
One of the great lies of all time is that we have to protect drug company profits....[snip] As long as CEOs and those around them want to be rich, we can change the laws regarding drug pricing and nothing
at all will change… Nothing.