Lynn C. Woolsey: “I oppose this rule for excluding the conversation and debate on unemployment insurance, and I support the Miller…”

“I oppose this rule for excluding the conversation and debate on unemployment insurance, and I support the Miller substitute because it levels the playing field between a corporation's top executives and the rest of the employees. This substitute actually supports what is good for the captain is good for the crew. It truly protects employees against the kinds of total pension loss experienced by Enron employees by requiring companies to give their employees full and accurate information about their pension benefits and about any employer's stock in the pension plan. It ensures employees are armed with good information and allows for timely discussions about investing the funds in the pension plan, and, Mr. Speaker, should the employee pension funds be misused, the Miller substitute gives employees a real opportunity to get their money back. My constituents just north of the Golden Gate Bridge, across from San Francisco, tell me they are disgusted by the special protections given to executives while employees are suffering.”