Skip to comments.Administration Seeks Increase in Oversight of Executive Pay
Posted on 03/21/2009 2:32:56 PM PDT by Free ThinkerNY
WASHINGTON The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said.
The outlines of the plan are expected to be unveiled this week in preparation for President Obamas first foreign summit meeting in early April.
Increasing oversight of executive pay has been under consideration for some time, but the decision was made in recent days as public fury over bonuses has spilled into the regulatory effort.
(Excerpt) Read more at nytimes.com ...
Nixon tried wage controls.
They didn’t work then and they won’t work now.
Welcome to the Union of Soviet Socialist Republics in Amerika.
present insane obama strikes again
Next up Hollywood, professional sports, and book deals ... oh, wait a minute ...
B. Hugo Obama.
They won’t stop until they control and reduce everyone to “world workers.” Only they will enjoy high salaries and benefits - on our backs.
This communist piece of crap has to be stopped.
First they came for the Jews, but I wasn’t Jewish so I didn’t speak up........
Fascism - Wikipedia, the free encyclopedia
Racism and racialism
Fascism is a radical, authoritarian nationalist ideology that aims to create a single-party state with a government led by a dictator who seeks national unity and development by requiring individuals to subordinate self-interest to the collective interest of the nation...
http://en.wikipedia.org/wiki/Fascism - 369k - Cached
fascism: Definition from Answers.com
fascism n. often Fascism A system of government marked by centralization of authority under a dictator, stringent socioeconomic controls,
http://www.answers.com/topic/fascism - 556k - Cached
Taking on the people of power and influence and especially wealth is one of the dumbest things a politician can due.
I suspect there will be lots of backroom deals done to keep the gravy train rolling.
The Barney Franks’ and Chris Dodds’ of the world don't like having attention called to their piracy and shenanigans. Even the media firewall is having trouble giving them cover, and the Obamists are loyal only to themselves.
It will be interesting to see how many mental midgets are willing to walk the streets and malls for Chairman O, rather than pop their pimples. I would say they might have no better time of it than the traditional door to doors in my neighborhood, although the training video says this is “just the first step” and that they want “a presence in every neighborhood.”
Look what these idiots voted in. I voted for McCain awful as he was, and I know he wouldn't be sending people door to door. The media would cook any Republican that tried that.
Unfortunately, too many people on the right, think this is simply an indication of laughable incompetence. And too many people on the left think this is just an example of an attempt at fairness.
The incremental change of Fabian Socialism has turned into the overwhelming change of Totalitarianism.
my god. Timmy the tax cheat can now seize and nationalize US corporations, if the POTUS agrees?
Too bad we don’t have conservative party in the US. If we had, it would be all over this.
I voted for McCain awful as he was, and I know he wouldn’t be sending people door to door.
You hit the nail on the head. That distinction is why many people held their noses and voted for McCain/Palin.
Line of the day!
“pssibly other companies”
Ha, take that you stupid CEOs who love to donate to donuts.
Im sure most of you saw this on Drudge (it seems Drudge is down for now thought):
If not just check the above FT link. We the People have elected a bunch of morons.
By what authority?!
Does that include union bosses too (and a so called president)?! /s
He could start by not taking a salary since he isn't doing a damn thing but campaigning.
2010 - we take this country back - 2010
I wholeheartedly agree. Every time I point out that the Obamanistas are Fascist, someone wants to argue with me, and calls them Marxists or Communists.
There is a difference. It's important to know what enemy you are fighting.
Semper Fi, by the way.
Ayn, how did you know?
ya know, I think they are taking from both, sometimes they act like commies, sometimes like facists
The whole AIG episode—from Obama’s feigned anger, to congressional Democrats’ obscene buffoonery, to chanting union “protesters” and Code Pink—was political theater choreographed from the White House. Obama’s “Reichstag fire” will be the rationale for draconian tax codes and regulations.
When the prevailing belief system dictates that unions create jobs, CO2 is a pollutant, and only government can solve problems, it's not unreasonable to identify a corrupt, partisan political pamphlet like the New York Times as a “newspaper.”
My exhibit one is the Pelousy O Zero comments within a day of each other dealing with immigration and amnesty. The fuhrer obviously believes in blitzkrieg that is all out total attack before the opposition has a chance to defend. Unfortunately the sane people in this country are now the equal of the British at Dunkirk but unfortunately the life boats are not to be seen.
Their ranks are about to be swelled by the affluent liberal class Obama is alienating at every turn. Many in the news media are waking up to the reality that Obama’s reckless experiments will undermine them with the rest of the economy.
Barney Frank wants to be every bank executive’s proctologist so he personally can check for hidden bonuses...
Brad: Another recollection from recent history: When the Lao took over in Cambodia, they took all the achievers and sent them to the fields. That is exactly what is happening here now. Unfortunately for those doing it, they forget one simple truth: When they kill the Golden Goose, there are no more golden eggs. O Zero who has not even had experience running a lemon aid stand is now calling the shots on how business should be conducted and how much people should make and then how much more in tax they should pay. Sooner or later the Chinese are going to say no more money for your ideas and then stark reality takes over: inflation and a broken government, too broke for any more handouts.
How about the misuse and waste of using large military jets by Rancid Pelosi...
The advantage, in my opinion, of capitalism over communism is that capitalism appears to begin with the natural human trait of bartering and evolves into larger systems. Communism is a system conceived on paper then imposed by force. Marxist movements may be founded by idealists but are always hijacked by thugs who turn them into corrupt, criminal conspiracies. Obama is following a fixed agenda, oblivious to the political damage he's doing to himself and the Democrats. There has got to be some closed-door meetings going on in the Capitol among moderates and Bluedogs--swamped with e-mails and phone calls from alarmed constituents. As a figure that slithered out of the corrupt Chicago machine Obama no doubt is dirty. Tony Rezko and others could bring him down. Where is Patrick Fitzgerald now that we need him?
Everyone should read IT CAN’T HAPPEN HERE written in 1935 by Sinclair Lewis. About totalitarian government coming to USA. The president put a cap on wages at $500K max.
Oh goody! Let’s see Diane Feinswine’s husband take a pay cut from his lucrative deals with China. And Queen Nancy Pelosi’s family doesn’t need all their millions. And how about Harry Reid and his corrupt money-making land deals in Nevada? And the Kennedy clan won’t mind contributing their family fortune to the rest of us, who didn’t have a father/grandfather who did business with the Nazis during WWII. Surely all the Dems like Peter Lewis, head of Progressive Insurance, won’t mind having a salary cap of $250,000...in the interest of equality and fairness, you know. I’m sure they’ll be proud to contribute to BO’s Communist revolution.
Thank God there’s more private firearms in the U.S. than people.
I wonder how they define executive.
There may not be much left to take back by 2010.
I have been saying this for days, as some Freepers argued with me.
Actually, since he’s targeting INCOME he is not alienating as many of his liberal friends as you might think. They don’t get salaries, because they don’t work.
Typical! I hope some of Obama’s big business supporters, especially the Hollywood freaks, get a taste of this.
Punch bowl, meet turd.
Typical! I hope some of Obamas big business supporters, especially the Hollywood freaks, get a taste of this....”
They will be exempt, count on it.
Hussein can shove it.