Posted on 02/03/2009 7:18:14 PM PST by sloop
President Barack Obama plans to unveil a series of new pay curbs Wednesday, including limits to executive salaries.
Among the new restrictions being considered is a cap on salaries for executives at companies that receive a substantial amount of government aid. Such a move would amount to an unprecedented effort to limit executive pay.
(Excerpt) Read more at online.wsj.com ...
Gov’t money always has strings attached.
A warning to future CEO’s: If you take taxpayer money, prepare to be nationalized.
How about this, Barry. Work for nothing for your first year. See how ya like it.
How about pay caps for the president, vice-president, cabinet members, senators and representatives.
Then you can hit the private sector.
Clean your own house first.
Climb onto your sled folks, we’re headed down that slippery slope.......
I hope all those Democrats on Wall Street love their new Boss Barry. They work for him now.
They wanted Socialism they got it.
Socialism just a pit stop on the way to Communism.
“How about pay caps for the president, vice-president, cabinet members, senators and representatives?”
You beat me to it. I’ll add TERM LIMITS for Congress to that Wish List, too. :)
obama is an idiot and needs to be dealt another loss.
this is the act of a bonehead, the good management will leave for greener pastures and the company will need another infusion of tax-payer money.
The definition of the tie-in will expand very quickly beyond just companies that receive government aid.
You don’t really need the story. Let the exceptions to this rule begin. If BO is announcing there are going to be pay caps, you can bet they’re all breaking out the bubbly to celebrate their newfound wealth.
B. Hussein Obama - stupid and proud of it.
Bush opened Pandora’s box with the original bailout. Nothing can now be unexpected.
“Liberalism is just communism by the drink.” ~P.J. O’Rourke
How about George Soros? Does he get a cap?
Or the chairman of ACORN?
Interesting that they consider it a bad thing that companies are turning down government money.
Category — Too Big fer ya britches, boy.
Life, Liberty, and the pursuit of happiness — Obama leaves you only one of three.
Ain’t gonna work BHO . . . add a limit on speaking fees for Ex Govt. workers and you might have support from the Public, bot NOT Congress fer sure . . .
Define “a substantial amount”
Realistically, if the government’s going to give our tax dollars away, I guess they can set some requirements to go with the gift. Of course, the fact that the dollars being given out aren’t the government’s escapes the minds of most...
Incipient Fascism.
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