Obama “executive pay offensive” Oh really?

Wow that’s funny.  Obama thinks it’s offensive to us that exec’s make big money.  Hmmm.  This policy is written by people that used to be on the boards of big banks or ex-CEO’s of the banks and institutions that he’s talking about.  What about excessive pay for the leaders of SEIU, ACORN and the APOLLO corp?    It’s also nice that they still refuse to tell us what banks got the bailout money and where it all went.  So much for transparency.  Thanks for keeping all your campain promises.  Tim “the tax cheat” Geithner was president of the Federal Reserve Bank of New York.  Let’s see….  $398,000 a year salary.  The guy didn’t even pay his taxes

Now Kenneth Feinberg the “pay czar” wants to extend the limits on pay to all public traded companies that recieve even a nickel of money from the government.  Wonderful.  Earlier this year Barney Frank wanted this extended also to regular employees of the companies also.  Oh wonderful.  Once they do this they will just extend what they consider “government funds”.    Tax breaks, tax refunds, tax credits, subsides.  Whatever they define it as they will use as an excuse to limit pay of everyone to “redistribute” the pay to those they see fit.  Great insentive for the people to work harder.

Read the article HERE

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