Posted on 06/11/2009 7:53:52 AM PDT by pillut48
WASHINGTON (AP) -- The Obama administration says executive compensation must be better managed to prevent the sort of risk-taking that jeopardizes the economy.
Gene Sperling, who advises Treasury Secretary Timothy Geithner, said Thursday the administration does not want to impose caps on executive pay. But he also laid out for the House Financial Services Committee a list of guidelines calling on publicly-held companies to link compensation to long-term performance, not short-term gains.
(Excerpt) Read more at finance.yahoo.com ...
The Furher has spoken and now it's time for the private sector and ALL Americans to speak. This is no longer even Socialism. This is straight up Communism and we need to send a message LOUD AND CLEAR that this dictator running OUR country is NOT GOING TO GET AWAY WITH THIS. Off to Washington we MUST GO en masse.
Does this include George Soros?
You know, I’ve had conversations with friends who have said things like, “Obama isn’t really evil, he’s just inexperienced and as long as he has people around him that know what to do, America will be just fine.”
I used to agree with that, but after these first few months (does it seem like a lifetime to anyone else too?!) since HolyO took office, and almost on a daily basis we are seeing the tearing down of the Constitution and all that America stands for—I’m firmly putting the tin foil hat on and believe that this person in the White House is truly out to do as much damage as possible as he can before America wakes up to stop him—IF America wakes up!!
WHAT IS IT GOING TO TAKE?? Owing your employer money for working *for* them?!?!?! >:-( I can see that day coming soon at this pace!
Still, it’s 20 million plus and repeated on the View, Oprah, late night talk shows.
Rush gets 20million listeners as well.
He tried to do so with the National Recovery Administration(The NRA).
But the SCOTUS found it unconstitutional.
Made FDR so mad he tried to pack the court in 1937.
I called Feinstein’s office yesterday to comment; got one of her moronic staffers with his arrogant surly attitude. LOL
Actually, I was shocked to get a live person. Last time I called to comment, the minute I said anything they threw the call into an automated comment line. They don’t intend to listen to the American people; their arrogance knows no bounds. We are, after all, the peons and they’re the Kings and Queens of power.
Does George Soros have a publicly traded company?
right out of ayn rand book
“When will BarackAmerica bank be opened?”
It already is. We just know it by a different name, CITI
This is not only going to affect executives. It’s already affecting everyone. The latest fad is to take a pay cut, shut up and be happy you have a job.
Especially when we hear the Left saying that a salary of $60,000 is “excessive” and that professional jobs need to be brought in line with the pay grade of public skool teachers.
THE SIRENE IS UP!
But seriously... is there anybody paying attention to the man Obama behind the curtain? I hope and pray the majority in this country are!!!
has rushbo talked about this yet? I wonder if hannity will talk about it, probably just take to mccain and newt again about something stupid.
So you’re NOT sick of a congress that walks with $160 K a year, not counting their cars, planes, security details, free meals etc no matter HOW MANY TIMES they screw up?
Cut me a break. You sign a contract, you honor the contract. Limiting pay isn’t the answer, writing better contracts is too.
Welcome to FR. In the English language, we do not pluralize with apostrophes except in the case of of indicating ownership by multiple people with a common last name ending in ‘s’, and then it’s placed after the last ‘s’.
And for the record, I haven’t made anywhere near $60k at a job in the better part of a decade. And I still had to take a pay cut.
When entrepreneurship is illegal, only criminals will be entrepreneurs.
http://www.investorglossary.com/command-economy.htm
Da, Comrades—no more `tipping’! Bribing waiters to perform their service owed to society is a barbarous capitalist custom! Of course, restaurant service will really suck for the proletarian class ... but the proles are not people!
And fellow workers, remember to use lots of exclamation marks!
Figures Citi... look up citimortgage on ripoffreport.com. It is a shameful disgusting sin.
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