Pay Czar to GM … Pay cut – Video

http://www.radioviceonline.com ^ | October 21, 2009 | Jim Vicevich

[Biggirl]

Well GM and Chrysler begged to be bailed out......

I really don’t like this guy. I didn’t like him when he was appointed and I like him less now. But … GM and Chrysler begged for the money, they got it, and now … well …

The Obama administration will soon order the nation’s biggest bailed-out companies to drastically cut pay packages for their top executives, according to several reports published Wednesday.

[Jeff Chandler]

I hope they don't cut the salary of the guy who developed the Magnetic Reluctance Transmission.

[kempster]

I notice that most of the media has ignored the fact that they have now said the taxpayers won’t be getting their money back from the auto industry, I mean UAW.

[Parley Baer]

I just saw where Obama and Co. want to give/force TARP money on smaller banks to help small businesses so they say. So will these executives fall under the pay tsar? I bet they are scheming for a way to get a foot hold on Ford.

[tcrlaf]

Well, the UNION could always try running the company. That’s worked out SO WELL wherever it’s been tried, hasn’t it?

[Harley]

Chrysler Turbo Encabulator, I love it. This is too hilarious. This guy shouldn't be fired he should be hired to make sense out of the Healthcare bills. He's easier to understand than some damn legislative bureaucrat.

Thanks for posting this link.

[brownsfan]

That clip is awesome, reminds me of a more sedate “professor” Irwin Corey!

The pay cuts are awesome. Nothing like having the Commies trash the industry they took over.

I have Ford stock, I love this move.

[nascarnation]

Well GM has been trying to find a CFO to replace Ray Young for several months and isn’t allowed to pay enough to hire anybody that can do the job.

[GeronL]

I wanna see the newspapers and magazine execs get their pay cut 90% when they get a bailout.

But I doubt it happens.

[SDShack]

I wanna see the newspapers and magazine execs get their pay cut 90% when they get a bailout.

I love it, but don’t stop there. Lets go down the Porulus list of liberal groups that got a grab bag of goodies. Like Acorn, SEIU, the teachers unions (from all the education bailout money to the states), Planned Parenthood, etc. Wouldn’t that be great!

[csmusaret]

When are they gonna take a look at Congress? Talk about a waste of taxpayer money. Maybe their compensation ought to be tied to a balanced budget and/or deficit reduction.

[jarofants]

I wanna see them regulate GE employs pay. They got money from us let's see them cut the the pay of the employees at MSNBC.