S. 1731, the so-called Endangered Species Management Self-Determination Act, is so bad that Scientific American editorialized against it in their April issue. S. 1731 would make it a lot harder to get help for endangered species by requiring that a state governor sign off on any new listing, by preventing citizens from petitioning to get species listed (some "self-determination"!), and by mandating that the "best scientific and commercial data" must include "any scientific evidence made available by any state agency," never mind how good said evidence is. And here you thought right-wingers were all about streamlining bureaucracy! SciAm also reminds us why folks shouldn't assume that the Endangered Species Act doesn't revive endangered species quickly enough -- an endangered species generally takes decades to rebound, and yet S. 1731 would automatically de-list an endangered species after a mere five years! I think S. 1731 merits a phone call to your Senators. They'll never see it coming.
Meanwhile, Domino's Pizza plans to hike its CEO's pay to $9 million annually. If that doesn't sound like a lot of money, consider that $9 million is approximately 480 times what Domino's lowest-paid worker makes in a year. (The national average ratio of CEO-to-lowest-paid-worker pay? Around 300:1 -- so Domino's wouldn't even clear that low bar.) The good news? Domino's shareholders are apparently contemplating a revolt over the matter. The bad news? The mutual funds that also invest in Domino's are contemplating strangling any such revolt in its crib. This is why I don't like mutual funds -- because you, the investor, have less control over your money. Still, mutual funds are susceptible to bad PR, and they're certainly susceptible to the will of the good folks who invest with them, so Sum of Us helps you tell Vanguard, Fidelity, and iShares to help stop absurd CEO pay packages. Remember that shareholder resolutions don't need to win to succeed -- they need only be large enough to put a scare in the corporation's executives.