As most you already know, I am not a huge fan of President Obama. I don't agree with the majority of his ideas, morals, plans, etc. However; I did run across an article today that made me smile. It's probably the first idea of his that I would encourage and support.
With all the bailouts going on in this nation, it's about time someone tried to put a lock on ridiculous things (like multi-billion dollar bonuses). My favorite line is "'In ordinary situations where the taxpayers money is not involved, we shouldn't set executive pay,' said Sen. Richard Shelby of Alabama, the top Republican in the Senate Banking Committee. 'But where you've got federal money involved, taxpayers' money involved, TARP money involved, and the way they have spent it, with no accountability, is getting close to being criminal.'" I totally agree!! If they want to take their profit and give every employee a million dollar raise, that's their choice, but when the money is coming off the backs of the taxpayers, then guidelines and restrictions need to be set. I'm hoping this plan goes off without a hitch.
Now if only we could get someone to do something about all of the (part-time) politicians' wages. =)
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