Dear President Obama (top threats)

Dear President Obama:

Hope this blog finds you and your family doing well in the White House.

First I want to thank you for taking into consideration the suggestion offered by the Naive American regarding capping compensation for upper management in entities that receive federal bailout moneys.

On the topic of compensation packages for upper management in corporate America, I wish to reiterate that, legislation should be enacted for all companies (not just the ones receiving federal aid) operating or based in the US to mandate a maximum salary cap of $400,000 Dollars for all CEOs and monotonically decrementing amounts for the rest of the upper management team.  There should be no other compensation perk (i.e., company car, company jet, company house, company boat, etc, etc, etc) with the exception of stock options granted with approval of the majority of stockholders.  By the way the idea of preferred and common stock should also be eliminated in conjunction with any type of severance package (golden parachutes).  This way, if company management teams do not perform, immoral tactics employed by incompetent and greedy upper managers would not affect employees, stockholders and as a consequence the US economy.  I will have more on this topic on a future blog.

After doing some research on the web I found out that the current compensation package of the US president includes a base salary of $400,000 per year plus a $50,000 expense account, $100,000 non taxable travel account plus $19,000 for entertainment, plus use of the company mansion (The White House) and the country home (Camp David).  Not sure how the $100,000 travel account works due to the fact that you have access to the company jet(s) (I believe they are called Air Force One).  Overall, given the amount of work, responsibilities and number of hours on the job, most (if not all) Naive Americans would agree that for an elected official your compensation package might be quite reasonable.

I will now address the main subject of this blog.  Naive Americans are used to the concept of top ten lists.  Just go to your favorite web search engine and type in the search box “top 10“.  You will be amazed how used Naive Americans are to this concept.  There appears to be a top 10 list for any imaginable class.  Apparently Naive Americans like to know about the top 10 in any category, but the question is, do we know how to select the most important list and the items that should be included?

Following is the top 10 list of threats to the American Way of Life:

Please note that the order in the top 10 is completely subjective.  As we discuss each entry in future blogs they might shift around.

President Obama, please note that the top 10 list of the Naive American does not include the common threats to the US like Osama bin Laden, Al-Qaeda, or Iran’s nuclear program.  In the opinion of the Naive American, all these threats could be minimized or even eliminated if we properly address the top 10 list presented in this blog.

In the next few weeks I will be posting blogs covering in more detail the threats and how they can be addressed.  Of course your comments and suggestions as well as the ones from any and all Naive Americans are always welcomed.

Yours truly;

The Naive American