You have a choice......but not on my dime.
Share holders should decide what type of compensation(s) CEO’s and the like get based on performance. Not some Federal mandate.
What is being proposed is that all of Wall Street may not be allowed to make more than the POTUS .
This is govt. telling the market how much you can earn before govt. will come & STEAL the money you earn for your own good .
This is the kind of cr*p Benito Mussolini did in Italy we do not need Italian model fascism in this country .
People on welfare should also face mandatory abortions. People who receive government money should be limited to receiving checks equal to the designated poverty level. Let’s see how many people want to be on the dole.
I’m actually okay with this, in a weird sort of way.
If you want the government to run your company - you get paid what the government wants to pay you.
On the other hand, it might be an added deterrent for these idiots to stop holding their hand out so quickly for government bailout monies. So either way it works for me.
Where was Sen. McCaskill last October when it was revealed that Goldman Sachs was paying huge bonuses, yet that company led all others in contributions to Obama's campaign? And where was her outrage when these same Wall Street firms lined up to fork over money for Obama's inauguration? She has known this for months, yet was silent when Obama was getting the money. Go figure.
One takes the king’s coin, one kisses the king’s ass afterwards.
When the full bill is presented to them the banks will learn what everyone else through out history who has sold their souls learned: They sold way too cheap.