Pres. Targets Exec Salaries

[bananafix]

it was called reaganomics and you idiots that ever voted republican should all starve for your stupidity.

[acousticmonstr]

it's obvious if your going to make 100 times more or 10 times more that you are most likely stealing .the banks we bailed out own the federal reserve.the interest on the bail out money goes to the banks we bailed out.if this country doesnt own its own federal reserve system how can this country ever prosper if the private investors,chase,jp morgan and the like that herbert hoover allowed to own the federal reserve of the u.s keep creating problems that cost the tax payers more and more.

[h0peandchange]

So if I'm a competent CEO, what's my incentive to work for one of those banks? If I can go somewhere else and make 10-100 times that elsewhere, why would I consider working there? So with hundreds of billions of taxpayer dollars at stake, the president has limited the ability of these companies to acquire competent management. But those who suffer from wealth-envy can be happy since this tears down successful people. "I can't be rich so I'll get the government to make everybody poor like me."

[patsagainstrats]

Obama's intent is to drive away any talent from the private sector, then replace CEO's and upper management with various levels of atrophied bureaucrats that vote Democrat.

By the time he's done, these companies will be running as smoothly as the failed public education system, of which he wants no part of for his daughters.

[tnafever]

Of course retroactively won't apply. They won't be able to get that money back without suing them individually.  But there's alway that tax increase on those making more than 250K.

[onemanband1963]

F* Yeah!  It's about time!

Obama rocks!

[Joe501s]

Let me see, do outrageous salaries have a negative affect on the economy........hmm?.....hmm?

No.....No....Nope! It keeps lowe income labor where it belongs and creats more low income labor for the wealthy who keep the economy going. Fucking poor bastards who do they think they are!

[ypoons89]

First thing the Pres can do is lift the Smoking Ban, and drop taxes on them. Then the economy will sky rocket. Stop taking my choices away. Lets educate, choices are freedom, not rights. Give us back our Freedom to be Americans. Without choices we have no Freedom. Stop the Abuse of Smokers. The asthma rates have tripled since the Bans took effect. Stop abusing our Freedoms to Smoke a legal Product, and stop using addictions to collect taxes!!!

[ReeferCity]

I think it is proper that Obama is holding the exec's of the companies looking for hand-out accountable. However, let's not get the impression here that the position of the president is to put business leaders in their place. There are many good companies not participating in the bail-out so that they do not have to be beholden to the government.