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To: BloodOrFreedom
But he also takes aim at top corporate executives with big salaries and excessive severance packages.

"Americans are right to be offended when the extravagant salaries and severance deals of CEOs ... bear no relation to the success of the company or the wishes of shareholders," he will say, adding that some of those chief executives helped bring on the country's housing crisis and market troubles.

What business is it of the government what salaries are paid by private corporations? Will he exempt hollywood and athletes like Clinton did? Where is the constitutional authority for this? Why is being a offended a reason to legislate?

105 posted on 06/10/2008 8:55:07 AM PDT by w1andsodidwe (Jimmy Carter(the Godfather of Terror) allowed radical Islam to get a foothold in Iran.)
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To: w1andsodidwe
What business is it of the government what salaries are paid by private corporations?

It's emphatically my business as a citizen when these "private corporations" come to the feds (or the Fed) for a handout from my taxes or via the devaluation of my savings.

Airlines, banks, mortgage companies, homebuilders, agribusiness, you know the drill.

You want to keep profits and CEO compensation private? I agree, but you better keep losses private too.

109 posted on 06/10/2008 9:05:29 AM PDT by Notary Sojac
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