[Tucsonican]

Where in general I am a “whatever the market will bear” kind of guy, I am behind limiting of base salaries for failing companies - though I would like to see performance-based incentives that would allow these folks to increase earnings based on actual performance.

First off, as has already been mentioned, the government has no business whatsoever making that decision for you.

Second, do you still think you'll feel that way as top shelf talent heads overseas where they can get higher wages?

Third, can you see where this sets a precedent for limiting wages and other things as a political expedient (which is EXACTLY what this stunt is!). What happens if Obama decides to limit wages for medical professionals because health care is too expensive and the doctors go away?

This is pure socialism and a really frightening glimpse at what the next few years will bring.

[AbeKrieger]

Thank you ALL for explaining some points I overlooked. Much better now.