Quote:
Originally Posted by kutulu
pan:
My basic point is that we want the best and brightest to lead our country and we aren't going to recruit them to run for public office unless their pay is similar to what they can get from private industry. Who wants to live like shit just so to have power?
We also need to limit their exposure to private industry. That could be done by either requireing them to cash in all of their stocks before starting their term.
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True, we do want the best and the brightest, something we are lacking. And we do need to reimburse them to where it makes it worth their while.
However, my point is if I'm a congressman and I make $150,000, my interest in the pay my district makes, doesn't affect me. I find other issues and skirt that one, any way I can.
Last I heard and saw they put their investments into government run portfolios (which I'm sure they contract out) and had no idea where their money was. I have also heard these portfolios do very, very well.
But, the lobbyists and the other perks that are corporate sponsored that we don't hear about, are the ones we need to eliminate.