posted on 10/23/2009 4:03:37 AM PDT
posted on 10/23/2009 4:06:29 AM PDT
(Don't blame me. I voted for McClintock.)
New York Democrat Chuck Schumer plans to press for legislation extending the pay czar's governance to all publicly traded companies
And that is the slippery slope into Fascism. The pay czar's governance, he has no authority to GOVERN! He never had any authority! He answers to no one but the President and Schumer wants to legislate and extend unauthorized authority?!
posted on 10/23/2009 4:20:21 AM PDT
(it is the Right of the People to alter or to abolish it, and to institute a new Government)
The Gov bought or rather stole GM, AIG, etc. Owners get to make these decisions. We can't have these folks making more than a GS17 or whatever the top civil servant pay grade is called(\sarc).
The problems are:
- Unconstitutional overriding of the bankruptcy laws. GM/AIG/etc should have been broken up to pay the senior debt.
- Total ignorance in logic as a policy in our schools, so that Schumers jump from controlling what he owns to controlling what I own seems logical.
They've prepared their ground well. The populace is intellectually disarmed.
posted on 10/23/2009 5:14:17 AM PDT
(It's hard to be cynical enough in this age.)
would have the authority to dictate the salaries of private-sector employees?
Not strictly private-sector.
The solution to this government over reach is simple: publicly held companies will go private. That’s bad news for Wall Street.
posted on 10/23/2009 7:21:42 AM PDT
by Night Hides Not
(If Dick Cheney = Darth Vader, then Joe Biden = Dark Helmet)
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