If the government has to micromanage executive pay to the tune of a few paltry milion dollars a year, why do they trust them to “rightly” spend billions? Think about it! “I don’t trust your business to spend 10 million dollars vis-à-vis executive pay, but I trust your business with the other 350 billion.” HUH???
And the overseers are the same guys that couldn’t oversee Madoff’s 100 year 900 trillion dollar scheme.
Wake up people! It’s all PR!!! Their main goal is taking your liberty and empowering themselves. That’s the only way they can reach their goals. Their ‘car’ runs off your liberty and you’ll be worthless black soot after they blow you out their exhaust.
Look at the government’s playgrounds: Education - sky high costs and dirt low quality. Health care - super sky high. Housing - sky high then dirt low and bringing down everything in it’s wake.
WASHINGTON – Call it the maximum wage. President Barack Obama wants to impose a $500,000 pay cap on executives whose firms receive government financial rescue funds, a dramatic intervention into corporate governance in the midst of financial crisis.
The new restrictions, described by an administration official familiar with the new rules, are to be announced Wednesday morning at the White House. The steps set the stage for the administration’s unveiling next week of a new framework for spending the money that remains in the $700 billion financial rescue fund.
“If the taxpayers are helping you, then you’ve got certain responsibilities to not be living high on the hog,” President Barack Obama said Tuesday.
Hey Mr. Hog, man your bloodied tits, the butcher hewns his tools.
