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Barack Milhous Obama
FinkelBlog ^ | Mark Finkelstein

Posted on 03/21/2009 3:32:44 PM PDT by governsleastgovernsbest

“The new rules will cover all financial institutions, including those not now covered by any pay rules because they are not receiving federal bailout money.” — Administration Seeks Increase in Oversight of Executive Pay, NY Times, March 21, 2009 [emphasis added]

Under the Obama administration theory of never letting a good crisis go to waste, it looks like PBO is planning to exploit popular outrage over the AIG bonuses to impose compensation limits not merely on employees of firms receiving bailout funds, but on those of all financial institutions.

This is nothing less than wage controls. And of course we know the last president to try this [to no good effect].

(Excerpt) Read more at finkelblog.com ...


TOPICS: Business/Economy; Constitution/Conservatism; News/Current Events; Politics/Elections
KEYWORDS: aig; barackobama; bho44; richardmilhousnixon; wagepricecontrols
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1 posted on 03/21/2009 3:32:44 PM PDT by governsleastgovernsbest
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To: Behind Liberal Lines; Miss Marple; an amused spectator; netmilsmom; Diogenesis; MEG33; PGalt; ...

Barack Milhous Obama ping to Today show list.


2 posted on 03/21/2009 3:33:19 PM PDT by governsleastgovernsbest (Conservative criticism of the liberal media: www.finkelblog.com)
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To: governsleastgovernsbest

Nixon loved his country enough to resign wish obama would


3 posted on 03/21/2009 3:34:10 PM PDT by al baby (Hi Mom)
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To: governsleastgovernsbest

And, gee BO, didn’t work!


4 posted on 03/21/2009 3:35:09 PM PDT by Shady (The Fairness Doctrine is ANYTHING but fair!!!!)
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To: governsleastgovernsbest

PBO?


5 posted on 03/21/2009 3:37:01 PM PDT by Behind Liberal Lines
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To: governsleastgovernsbest

I see BO as being more like a Jimmah Cahtah on steroids. Instead of being associated with peanuts, BO has a preference for ACORNS.


6 posted on 03/21/2009 3:37:34 PM PDT by FlingWingFlyer (Just being a "U.S. citizen" does not make one an American.)
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To: al baby

Nixon also loved his country enough to not contest the presidential election that was stolen from him by the Kennedy-Daley machine in 1960. Too bad Al Gore didn’t have the same sense of patriotism and honor in 2000.


7 posted on 03/21/2009 3:38:30 PM PDT by Inspectorette
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To: governsleastgovernsbest

Can price controls be far behind? After that comes the shelves half bare...then bare. If you’re in the party, you’ll have special shops with special foods. On the street people will ask to see your union card.. if you don’t have one, “NO SOUP for YOU!”


8 posted on 03/21/2009 3:38:36 PM PDT by A. Morgan (Every night I pray that Rezko and Blago roll over on Obama!)
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To: governsleastgovernsbest

I have a great idea. Let’s let the overly intelligent and fine folks at ACORN run our financial sector. When they drive all the talented people out of the business, I guess SOMEONE will have to run these organizations.


9 posted on 03/21/2009 3:38:37 PM PDT by NoobRep
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To: Behind Liberal Lines

President Barack Obama. It’s an abbrev. other bloggers and I have adopted. I don’t want to be disrespectful to the office by writing “Obama,” by using “Pres. Obama” every time seems onerous.


10 posted on 03/21/2009 3:40:00 PM PDT by governsleastgovernsbest (Conservative criticism of the liberal media: www.finkelblog.com)
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To: governsleastgovernsbest

Milton Friedman is rolling in his grave.

Off topic- sorta- a friend of mind said she’d heard on Morning Joe this week that several DEMOCRAT senators were planning to meet with the president and try to “reason” with him about his budget etc. Did you hear anything about this?


11 posted on 03/21/2009 3:42:05 PM PDT by SE Mom (Proud mom of an Iraq war combat vet)
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To: SE Mom

Have not, but will keep my ears open this week.


12 posted on 03/21/2009 3:42:50 PM PDT by governsleastgovernsbest (Conservative criticism of the liberal media: www.finkelblog.com)
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To: governsleastgovernsbest

Were I an optimist, and had I reason to believe that Obama is intent on “doing what works” rather than implementing his own, ACORN-Alinsky-Jeremiah-Wright version of collectivism (BY FORCE), I might assume that this will be merely a regulation which gives shareholders more direct say on executive compensation.

But, yeah, at this point I think Obama is about to kick the US economy right in the balls while it’s already down on the floor with a bad-credit kidney stone.


13 posted on 03/21/2009 3:43:35 PM PDT by LifeComesFirst (Until the unborn are free, nobody is free)
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To: FlingWingFlyer

Jimmy Carter signed into law some important deregulation and changed monetary policy at the Fed for the better. In 2012, we’re going to be begging for a President like Jimmy Carter.


14 posted on 03/21/2009 3:44:37 PM PDT by LifeComesFirst (Until the unborn are free, nobody is free)
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To: SE Mom

I’m not at all surprised, not all Democrats are collectivist stooges who want to bankrupt the entire country just to “justify” total socialization.


15 posted on 03/21/2009 3:46:07 PM PDT by LifeComesFirst (Until the unborn are free, nobody is free)
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To: LifeComesFirst

“In 2012, we’re going to be begging for a President like Jimmy Carter.”

That’s one of the more frightening predictions I’ve heard in a while.


16 posted on 03/21/2009 3:46:30 PM PDT by governsleastgovernsbest (Conservative criticism of the liberal media: www.finkelblog.com)
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To: governsleastgovernsbest
Image Hosted by ImageShack.us
17 posted on 03/21/2009 3:48:08 PM PDT by cripplecreek (The poor bastards have us surrounded.)
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To: cripplecreek

LOL—nicely done. Let it be soon!


18 posted on 03/21/2009 3:50:30 PM PDT by governsleastgovernsbest (Conservative criticism of the liberal media: www.finkelblog.com)
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To: governsleastgovernsbest

BBC

Barack Baines Carter


19 posted on 03/21/2009 3:52:16 PM PDT by A_Former_Democrat
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To: governsleastgovernsbest

HR 875


20 posted on 03/21/2009 3:52:46 PM PDT by hkp123
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