Monday, July 27, 2009

Working and Blogging Can Mix

I try to keep work stuff (at least, current job stuff) out of this blog. I may post something occasionally on Facebook that pertains to Emerson, but normally I don't talk about any current company stuff.

Previous companies, of course, get the unvarnished treatment.

However, I want to link to something that was done recently within our company, which makes me extremely glad to be working here. I would NEVER have seen this sort of commitment, either way, at Bank of America - probably because we would have been too busy lobbying behind the scenes, in secret, for the latest TARP bailout.

I have to give kudos where kudos are due, and in this case I have to give kudos to Emerson's board and management for making their position and reasons extremely clear to their employees and to the public (which is why I don't feel bad posting this).

David Farr, chairman, chief executive and president of Emerson, said Congress and the Obama administration’s stimulus spending is “out of control” and blasted health-care and energy reform efforts as costly to business.

“Congress and President Obama are driving way too fast to pass into law a number of vastly complex and hugely expensive government programs,” Farr wrote in a letter to employees Monday. “With the multiple stimulus bills and bailout programs recently passed into law, the amount of government spending is already out of control. We would never manage our own households this way … It is time to say STOP all new spending!”

Farr said the House and Senate are pushing ahead with health-care legislation “at a furious pace with little or no serious discussion or analysis.”

“We agree there are significant issues to be addressed with our current healthcare system and Emerson is involved in the discussion on the various alternatives and solutions,” Farr wrote. “But why the sudden rush?”

Farr also blasted the cap and trade energy bill as costly to U.S. businesses.

“In this unprecedented global economic downturn, U.S. businesses and individuals are struggling to survive,” he wrote. “It is a mistake to think we can spend our way out of the recession with huge government programs, increased deficits and tax increases.”

Farr then urged any employees who agreed with him to contact senators and representatives.

This originally came out last week, so yes, I am a few days behind. Sorry.

Ken Lewis would never have taken such a stand for Bank of America.

I'm glad David Farr did take a stand. I'm not just saying that because he signs my paycheck, either - I'm glad that he would take a strong stand against these bills (and, of course, that for the most part I wholeheartedly agree with what he says).

It's very refreshing.

Now, back to work.

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