Business groups dare Obama to limit pay for union bosses

Wash Times ^

[MAD-AS-HELL]

Business groups are daring President Barack Obama to impose pay caps on labor union bosses in light of indications the White House will limit how much corporate executives can be paid.

President Obama has argued “corporate greed” has contributed to the economic crisis and appointed a “compensation czar” to review executive pay for several companies receiving taxpayer bailout money Wednesday. Now White House officials have told the press legislation should be enacted to limit executive pay in private companies through nonbinding shareholders votes.

[2harddrive]

NEVER happen!

[yankeedame]

Someone should ask if these caps would also apply to pro sports, or entertainment and music celebrities. If not, why not?

Silly rabbit! For the same reason "universal health care" won't apply to them.

[ChildOfThe60s]

Dream on............

[ChildOfThe60s]

Obama isn’t smarter than a 5th grader

Yes, he is of limited intellect. But he's not running things, he just thinks he is. He is a mouthpiece for some very powerful entities. Lot of chits being called in by these entities (Soros comes to mind).

Ironically, BO has come to believe he got here all on his own abilities. At some point that belief is going to collide with the folks running him. It won't be seen publicly, but eventually he is going to decide to go in a different direction than as desired by his "handlers". When that happens he is going to be put in place. They will let him know who is in charge and who is still on the plantation.

It will be a rude awakening for him. Unfortunately, I don't see how it will benefit the country.

[Vendome]

All I hear is bird chirps. /S

[xkaydet65]

Do we have a comprehensive list of czars this clown has appointed?***

As Krauthammer and McCain have both said, "More czars in four months than the Romanoffs in 3 centuries."

[ex91B10]

Who will be the RayCzar?

[monocle]

If Obama wants shareholders to have greater say in executive pay, I demand we voters exercise our right to limit salaries of all elected federal officials. Furthermore, voters should have the right to insist that all elected officials be paid only when they are attending to governmental business and not the time they spend campaigning or fund raising.

Voters should also have the right to demand President Obama pay for the additional costs incurred by partying with the First B*tch.

[Callahan]

How about limits on Hollywood pay? Is there anyone more useless than celebrities? See how fast that crowd turns around.

[monocle]

Hollywood and all overpaid athletes should also be subject to government review, but I would go after UN employees after controlling elected officials.