[HoosierHawk]

Barney Frank: TARP's comp curbs could be extended to all businesses

That's cute. Maybe we could get the lot to pay their taxes as well.

[A. Morgan]

Where is this power in the Constitution?

[Cowboy Bob]

Pardon me while I laugh at all the Wall Streeters who voted for Obama and the Democrats!

[Pearls Before Swine]

He said the compensation restrictions would apply to all financial institutions and might be extended to include all U.S. companies.

Three areas where it won't be applied: Lawyer compensation, payments to ex-Congressmen and their staffers who become lobbyists; Hollywood producers and other entertainers.

[oust the louse]

take it into professional sports. Those guys are way overpaid. The baseball commissioner made 18 million last year. Cap him...
What about those lousy entertainers like Barbara Striesand (oh wait, I think she’s dead my bad) or Sarah Sarandon, Tim Robbins, Alex Balwin...make them take pay cuts if their movies suck which they usually do ....
I’m sure all of these losers will agree to huge paycuts.

[caseinpoint]

“might be extended to include all U.S. companies.”

That little stipulation can be finessed. When government taxation gets too high, the taxed move to another country, see Sweden, England, etc. UAE, Cayman Islands, Bahamas, Switzerland, anyone? Brick and morter presence is becoming anachronistic.

[tiki]

As much as I am disgusted that some CEOs make obscene pay, it is up to the stockholders, who essentially pay them, to curb it.

[o_zarkman44]

After OObama’s order limiting the pay of CEO’s who run companies accepting the bail outs to $500k I think takers will tell him thanks but no thanks.

But you can cut me a check bawney fwank and I will promise you nothing.

[grey_whiskers]

I'd be for it IF they'd extend it to Hollywood and trial lawyers as well.

...oh, and the MSM.

...and Dem politicians, but I repeat myself.

Cheers!

[central_va]

Gee, on this “good” news the DOW should be up 500 pts today. Why O why is the DOW at 8000? Should be at 800........