State Sen. Ellie Kinnaird reports on local Occupy Wall Street-related matters in her latest newsletter to constituents.
The Orange County Democrat says the Chapel Hill Friends Meeting provided Thanksgiving dinner for the Occupy Chapel Hill group. "The homeless have, of course, found Occupy, so presumably some of them enjoyed it too," she says.
"At N.C. State, the CEO of Wells Fargo (John Stumpf), newly arrived in North Carolina having bought our historic Wachovia Bank, had his speech interrupted by various students and Occupiers," Kinnaird continues.
"I wrote him a letter suggesting the protesters have a valid message and that he could take an important step by reducing his $18.9 million compensation to no more than 100 times his lowest paid worker. Japan’s ratio is 12:1 and after the U.S., the highest is Venezuela’s at 50:1; the U.S.’s ratio is a startling 475:1. He could also set a policy to only award bonuses for stellar performance (as opposed to driving the economic bus into the ditch and ruining the lives of families)."
