Executive Compensation in the Cross-Hairs

Washington , DC – Today, the House of Representatives approved legislation to rein in compensation practices that encourage excessive risk-taking at the expense of companies, shareholders, employees, and ultimately the American taxpayer. H.R. 3269, the Corporate and Financial Institution Compensation Fairness Act, was approved by a vote of 237-185. It represents the first piece of a larger regulatory reform package being crafted by the Financial Services Committee to address the causes of the recent financial crisis. A summary of H.R. 3269 can be viewed here.

We are slowly eroding the freedoms that make this country great. If this legislation becomes law, federal regulators can have a say in how much executives are making. They, Mr or Mrs "government know-it-all" can dictate how much executives can earn. It won't matter the CEO's background or the challenges they face, or if they are successful, all it would take is someone saying what the executive makes is "unfair" then the shareholders and a government bureaucrat will have a say.

One of my biggest gripes is the same idiots making these laws are the ones that created the problem in the first place: affordable housing, risky lending (Community Reinvestment Act), and over-regulation.

In the end, while I don't disagree that shareholders should have some say, LEAVE GOVERNMENT OUT OF PRIVATE BUSINESS!!!!!

2009 MILF in Review

Once again a group of bloggers, comment trolls, and guys with ethnic names descended upon the TPC Valleywood in an attempt to take home the MILF Cup.

The 2009 MILF was again a success. After the morning storms passed, play proceeded. Starting on the back 9, made for a long day. Pin placement was horrendous to say the least. Those responsible shall face the wrath of Foot..... But I digress.

After personally shooting a 62 on the back 9 (front 9) we proceeded to the front (back). I shot ten strokes better, a 52 including a par on the 4th hole.

After the round, I attended the biggest Post-MILF to date. The food was great, the beer even better and the fireworks, the BEST EVER!!!! Of course, I was the Fireworks Czar!

We played under a new scoring system which made this the closest MILF ever. Team Koolaid-In-Nihilist Pants repeated as champions after a controversial "recount". Team Comment Trolls took second yet again this year. Our team was lead by Mike G with a 90, low score of all teams.

The night concluded with a spectacular firework show that involved a firework shooting into neighbors' houses.

In the end, the best MILF yet!

Thanks to Learned Foot and Ms. Foot for their hospitality. Thanks to Iron Matron for her fabulous appetizers and John, Not JON, Stewart for his Master of Sausages Mastery!!!! And thanks to others for their food and drink contributions!