[Kolokotronis]

Judge McConnell is simply wrong on this one. In fact, I'm surprised that the good judge hasn't got milk spewing out of his nose basing his theory on Buckley v. Valeo.

I am concerned about the intellectual honesty of any “conservative” who objects to the exercise of the power given to the Sec. of the Treasury to regulate executive compensation in firms which took our money to clean up the financial mess they made. The bailout was bad enough. To now cry constitutional foul when the government moves to prevent the use of our money to pay bonuses to the very crooks and incompetents who tanked these companies is disingenuous at best.

[saganite]

The administration is preparing to move beyond regulating pay in failed firms. This is the foot in the door, the camel’s nose under the tent, the tip of the spear, the beginning of the beginning, the etc etc etc.

[redgolum]

Indeed.
Take the kings gold, play the kings tune. These companies made the bargain, and are now realizing the deal wasn’t as nice as they thought.