Thursday, April 23, 2009

Obama can't fire him, but you can

Dear Aaron,

President Obama's team is vowing to get tough on banks1, but the people who made millions ruining our economy aren't going down easy. In fact, the same firms we bailed out have spent a fortune lobbying the government to give them more money and special treatment2.

Pressure is intensifying to remove Ken Lewis, Bank of America's corrupt and disastrous CEO3. But government intervention is slow, so we're taking the fight to Lewis' boss - the shareholders. And since taxpayers invested over $50 billion in Bank of America through the bailout, you get a vote too. Sign our taxpayer proxy now and we'll deliver it to Bank of America's shareholder meeting.

Lewis is already under fire from New York's Attorney General and Congress. But he's trying to turn the investigation of his own mismanagement into an indictment of the Obama team's economic plan4. Misdirection, lobbying, influence peddling - it's the same mix of corporate mis-leadership that made Lewis millions and kept him out of trouble under the last Administration.

But it's not going to work this time. Lewis ran his company into the ground and asked taxpayers to pay for it. Now citizens and investors from all over are demanding Lewis step down, and that bank of America back a sensible reform of our financial sector - even the state of Connecticut is joining the fight to reform B of A.

If enough of us sign proxy statements, the shareholders will respond and tell Ken Lewis it's time to go. Sign the taxpayer proxy today, and we'll deliver it to the shareholders and the bank next week on your behalf.

-Matt

Matt Holland
Online Director
TrueMajority / USAction


My ApparentlyNotIntheMajority response that TrueMajority bounces back as undeliverable:

Uhh...Why can't Obama fire him again? Oh ya, CUZ HE DOESN'T OWN OR HAVE CONTROLLING SHARE IN BANK OF AMERICA, that's why. Ya, see, in this country we have a little thing called "capitalism" where government doesn't own businesses and can't dictate to them how they run their business or, for that matter, who they hire and fire.

See, if Obama could fire this guy, that would mean that BoA is owned by the government, which would make us...yep, FASCISTS.

Of course, this doesn't fit into your anti-business, anti-Americanism, and anti-rights propaganda, so you conveniently ignore the facts. Sort of like you're ignoring the root cause of the economic crisis (government) and instead going after bankers and Wall Street who, while they aren't the nicest people in the world, are just taking advantage of our own government's stupidity.

Your good friend FDR started this mess, your buddy Jimmy Carter perpetuated it, and your poster boy Bill Clinton made it worse. Not that the Republicans don't share any blame, since none of them did anything to stop it either.

See, the problem is GOVERNMENT meddling in business and causing problems--usually in order to look good so they can get more votes. Now you jackasses are asking government to fix the problem they caused by making more government? Hello?!

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