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Obama's Salary Cap Could Seriously Hurt New York
wcbstv.com ^ | Feb. 4, 2009 | Marcia Kramer

Posted on 02/04/2009 8:34:52 PM PST by Free ThinkerNY

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To: Free ThinkerNY; farlander; Billthedrill
You might enjoy this related vanity.

Cheers!

41 posted on 02/04/2009 9:02:28 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: EDINVA

Wait til the National Health kicks in


42 posted on 02/04/2009 9:05:17 PM PST by mylife (The Roar Of The Masses Could Be Farts)
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To: Prokopton
Capital knows no Fatherland. Nations could either allow for economic freedom or quash it in the name of "the people" or "the national interest." I swear, I have incompetants on one side and retard resentful populists on the other.

Where oh where is Galt's Gulch?

43 posted on 02/04/2009 9:05:27 PM PST by Clemenza (Red is the Color of Virility, Blue is the Color of Impotence)
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To: Free ThinkerNY
Well, there are only two possibilities. The finest minds in the country will not work for a mere half million dollars a year, and the economy will slide even further into the toilet under the Obamanation, or the they will be replaced by people as least as competent who can manage to get by on a mere $500K, and there will be no damage to the economy.

I guess we'll just have to see.

44 posted on 02/04/2009 9:06:57 PM PST by hunter112 (SHRUG - Stop Hussein's Radical Utopian Gameplan!)
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To: ffusco

I’ve set my sights higher - I am open to an offer from Citicorp or AIG. I couldn’t do worse than the crooks that are running these organizations currently.


45 posted on 02/04/2009 9:08:20 PM PST by indcons (An eye for an eye; a tooth for a tooth.)
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To: Eagle Forgotten
"By the time the Wall Street boys get through with them, they’ll be begging to become U.S. colonies so they can qualify for a bailout." ROFL - seriesly.
46 posted on 02/04/2009 9:09:31 PM PST by indcons (An eye for an eye; a tooth for a tooth.)
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To: Free ThinkerNY

NYC has been voting for liberals so long, they get what they so richly deserve.


47 posted on 02/04/2009 9:11:36 PM PST by txnativegop (God Bless America! (NRA-Endowment) What do U do with unreasonable people?)
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To: EDINVA

Yeah...except hospital administrators get paid big bucks....wonder if Bambi is going to limit their pay....they essentially work for the gov’t...at least get a LOT of gov’t money.


48 posted on 02/04/2009 9:11:39 PM PST by goodnesswins (Tell the truth - GOEBBELIZATION (propaganda) is what many voters suffer from.....)
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To: Clemenza
Where oh where is Galt's Gulch?

In a book.

49 posted on 02/04/2009 9:11:43 PM PST by Prokopton
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To: Prokopton

If only it were real...


50 posted on 02/04/2009 9:12:50 PM PST by Clemenza (Red is the Color of Virility, Blue is the Color of Impotence)
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To: LegendHasIt

If you’re still in the stock market, you’ve been asking for trouble ever since Zero’s election.


51 posted on 02/04/2009 9:13:50 PM PST by hunter112 (SHRUG - Stop Hussein's Radical Utopian Gameplan!)
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To: goodnesswins

I tried desperately to get one of my sons to go into hospital administration ... forget med school .. hospital admin is where the $$$ is. “My son, the hospital administrator” doesn’t have quite the same ring, tho.


52 posted on 02/04/2009 9:14:41 PM PST by EDINVA
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To: Clemenza

**If only it were real...**

I can see someone Starting such a place!


53 posted on 02/04/2009 9:15:27 PM PST by gwilhelm56 (MULLAH HUSSEIN - which part of "Congress shall make no Law" - do you NOT UNDERSTAND??)
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To: hunter112

I got out when McCain got the nomination. I knew at that point that no matter which party won, we would be looking at really bad times for the foreseeable future.


54 posted on 02/04/2009 9:19:11 PM PST by LegendHasIt (Freepmail me if you want to join the Precious Metals ping list.)
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To: Free ThinkerNY

We should just let these ‘financial instutions’ fail, or make it on their own. Governemnt should not be funneling money to these folks. Period.

Enough with the financial blackmail of taxpayers. The economy is in freefall. All these bailouts are NOT going to stop it. It’s going to be bad. Average citizens can take it, but not if we are taxed to death to make the fall even larger.

New York is in denial that it won’t lose ‘taxes revenue’ anyway in this economy. Get a clue.


55 posted on 02/04/2009 9:21:25 PM PST by Lorianne (Without the Republicans helping pass TARP in 2008, we would not have this monstrosity in 2009.)
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To: clamper1797

“Obambi is a moron par excellence .... salary caps will guarantee that our best talent works for a company another country ... unless of course the Zero plans a new Berlin type wall ...”

THIS was our best talent???

I don’t see how monkeys with dartboards could be worse at decision-making.

I think that the “if we don’t pay them x, they will go elsewhere” is a self-serving fallacy. There are a finite number of those positions, and a lot of talented people who would work hard to get them. The laws of free-markets and capitalism aren’t being violated because they never existed in that environment in the first place.

Furthermore, this will be a great opportunity for success, if the new “underpaid” leaders can turn things around. THAT will look good on a resume’ and be handsomely rewarded with stock options, etc.

Are these people actually marketable in any other industry? Would you hire them to pilot the ship?

I wonder what the people who worked for or who were partners in Arthur Andersen put on their resume’ when searching for an accounting position. “1995-2002: Prison” might look better.


56 posted on 02/04/2009 9:28:13 PM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: Billthedrill

Who ran us into this trillion-dollar debacle? Wall Street?

You know better than that. Congress and and the White House combined forces to create so much worthless paper, that it was literally impossible for the credit markets and Wall Street to avoid what took place.

If we run off the Wall Street talent, it will be the absolute end of U.S. world dominance. This is absolute fatal national suicide.


57 posted on 02/04/2009 9:40:04 PM PST by DoughtyOne (D1: Home of the golden tag line: FBI cuts off CAIR for contact with Hamas, Obama wants to talk to.)
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To: free-n-TX

Queen of Hearts???


58 posted on 02/04/2009 9:40:07 PM PST by Mike Darancette (0 parties while the economy burns.)
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To: Free ThinkerNY

As Obama drives the economy deeper into the crapper, and our enemies draw plans against us....

Won’t we just feel so good at these wonderful decisions to show what good people we are?


59 posted on 02/04/2009 9:40:43 PM PST by Names Ash Housewares (Refusing to kneel before the socialist messiah. 1-20-13 Freedom Day.)
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To: Free ThinkerNY

What’s wrong? New Yorkers are finally getting what they’ve spent YEARS voting for. They should be happy.


60 posted on 02/04/2009 9:41:43 PM PST by Tzimisce (http://groups.myspace.com/nailthemessiah)
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