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Welcome, Businessmen, to Government Oversight
Wall Street Journal, Opinion Page ^ | March 30, 2009 | VICTORIA TOENSING

Posted on 03/30/2009 4:30:14 AM PDT by The Working Man

Welcome AIG, Citicorp, GM and other stimulees to the financial controls of the stimulator, the federal government. But wait, it is now not just the recipients of Troubled Asset Relief Program (TARP) money and other taxpayer funds who are to be regulated. According to "sources," the White House is considering salary controls for "all financial institutions" and "publicly traded companies," not just those receiving "federal bailout money."

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Editorial; Government
KEYWORDS: business; chavez; government; nationalization; obama; oversight; socialism
This is going to be very interesting. Government imposing new rules on Business conduct and operations.

Mind you I work for a Government Contractor. And not a week goes by that I don't want to beat my head against the wall over a new rule or regulation that has been handed down by the Government.

So what I am personally praying for is that the brilliant people in business leave these Toxic Companies and form new ones that that are efficient and profitable ones.

1 posted on 03/30/2009 4:30:15 AM PDT by The Working Man
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To: The Working Man

It will be really exciting when 0 starts applying his ‘management’ skills to the high tech firms that are supporting his ‘Green’ program and ‘Cap n’ Trade’ scams that will transfer US wealth to Russia, developing countries Asia, China, Africa and South America - IBM, HP, Apple, etc. all worship at his altar - when he starts taxing the 2008 payments to HP’s Hurd of $34M, IBM’s Palmisano $21M (think how many of the 5,000 jobs that are being shipped overseas a portion of that would cove),Oracle’s Ellison $85M, Motorola’s Co-CEO Jha $104M and Presiden/Co-CEO Brown $24M.


2 posted on 03/30/2009 4:47:45 AM PDT by NHResident
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To: NHResident

You are right of course. It’s really a part of human nature to go Tsk, Tsk, when it’s someone else’s Ox being gored. But when it themselves? Well let’s just see what happens.

If they get personal exemptions then quite frankly it’s all over for the rest of us. Animal Farm is here and it’s going to be a Long, long time before it is gone. (All animals are equal, but some animals are more equal than others.)


3 posted on 03/30/2009 4:57:48 AM PDT by The Working Man (Any work is better than "welfare"!)
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To: The Working Man

Troubled Asset Relief Program (TARP) money one trillion dollars,if we pay at a rate of $1.00 a second we can have that sucker paid off in just 37,000 years nice going democrats.


4 posted on 03/30/2009 5:32:11 AM PDT by Vaduz
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