So, let's talk about CEO pay. Yeah...that's the ticket.
Posted on 02/04/2009 11:27:21 AM PST by xtinct
President Barack Obama speaks about executive compensation, Wednesday, Feb....
President Barack Obama speaks about executive compensation, Wednesday, Feb....
President Barack Obama leaves the stage in the Grand Foyer of the White...
WASHINGTON (AP) - Republicans tried to push back against the ballooning size of President Barack Obama's economic recovery plan Wednesday, even as he warned that the financial crisis will turn into "a catastrophe" if the bill isn't passed quickly. Obama summoned centrist senators to the White House Wednesday afternoon to discuss a plan to cut more than $50 billion in spending from the measure, which breached the $900 billion barrier in the Senate on Tuesday and appears headed higher.
Republican Sens. Susan Collins and Olympia Snowe of Maine, as well as Ben Nelson, D-Neb., have tentatively agreed to cutting more than $50 billion from the bill, a Nelson spokesman said, though details weren't yet available.
Their effort is central to building at least some bipartisan support for the bill, which has come under increasing attack for too much spending unrelated to jolting the economy right away.
Obama indicated he's amenable to changes.
"No plan is perfect, and we should work to make it stronger," Obama said at the White House Wednesday. "Let's not make the perfect the enemy of the essential. Let's show people all over our country who are looking for leadership in this difficult time that we are equal to the task."
The cost of the plan expanded past $900 billion after the Senate on Tuesday added money for medical research and tax breaks for car purchases. An effort to add $25 billion more for infrastructure projects—which narrowly failed to advance—is likely to be revived.
The cost could go higher Wednesday if a tax break for homebuyers is made more generous.
(Excerpt) Read more at breitbart.com ...
This is just his way of trying to point the finger at Republicans who don’t vote for his huge heist of taxpayer money.
Jan 20 2009.
I’ve heard this tune before ... thought it was bulls**t then.
“Democrat Obama warned it would be “catastrophic” if a (bailout) deal isn’t reached soon.” — Associated Press Published: September 30, 2008
The catastrophe is already here and is name is Obama.
Seems to me I’ve heard this before from Paulson. Gotta admit, it sure saved Wall Street’s bonus season.
I’m sick of hearing his voice.
We still don't know what was done with the first half of that money, but we DO know that it wasn't spent as advertised.
If Congress acts without careful consideration of what it’s doing, catastrophe is more likely.
The sky is falling, the sky is falling.
The catastrophe will be if we wait long enough, the economy will start to recover on it’s own and Obama’s CHANGE will be defeated.
Catastrophe coming if congress passes this monstrosity.
Just Obama’s way of trying to save face by putting pressure on Congress. Ridiculous. Even OBAMA hasn’t read the whole thing but we should RUSH in spending close to a $1,000,000,000,000?
Give me a break.
Hang on to your wallets, taxpayers - this is going to be really ugly.
Even Mika Brezinski says thats BS. And that tells you something...
Catastrophe struck Jan 20. We are doing the best we can to do damage control. Which consists of saying NO NO and NO once again.
It’s a bummer to think you’re the greatest guy on earth, isn’t it Mr. Pres? Because reality is such a screaming hard edge.
So, let's talk about CEO pay. Yeah...that's the ticket.
But I thought Bambi said gubmint wasn’t supposed to use fear to bring the American people along, like Bush did with terrorism and stuff.
I’m still having a hard time getting over the Y2K catastrophe (sarcasm)
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