The Government Takeover of Private Industry Continues
February 4th, 2009 at 12:22 pm by Preston Taylor HolmesPresident Hussein is (again) showing his true class-warfare colors as our new U.S.S.A. government takes over more of the private sector. This time it’s salary caps for executives.
The new restrictions, described by an administration official familiar with the new rules, are to be announced Wednesday morning at the White House. The steps set the stage for the administration’s unveiling next week of a new framework for spending the money that remains in the $700 billion financial rescue fund.
Oh, but it’s just for those nasty companies getting bailouts, you say. You should not forget that – in the case of many financial institutions – bailout funds were forced on companies. This was so the Feds could have as much control over those businesses as possible. Rest assured, this is just the camel’s nose under the tent as the Husseiniacs move down their checklist towards the destruction of private industry.
The move comes amid a national outcry over extravagant bonuses for executives heading companies seeking taxpayer dollars to remain solvent.
Call it the maximum wage for some high-earners.
Even the assholes at the AP aren’t bright enough to hide their excitement at the coming era of the maximum wage. You have to give these scumbags credit – they’ve found the perfect balance of class envy mixed with race warfare and then found a way to sell it to the dumbed-down American public as “hope”. That takes some planning. And a really, really stupid population.
February 4th, 2009 at 1:36 pm
Greetings:
Today’s Question: What’s Black & White and Red all over?
February 4th, 2009 at 7:22 pm
I’m sorry, but aren’t the taxpayers “helping” every member of congress right now? Apparently there are no caps for them.
February 5th, 2009 at 3:43 am
Obama caps executive pay tied to bailout money
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President Barack Obama on Wednesday imposed a $500,000 cap on senior executive pay for the most dist…
February 5th, 2009 at 11:03 pm
1) The “Stimulus” abomination contains a provision that accelerates the write off of all equipment and capital goods for the entertainment industry. That means Every Freaking One of the “moguls”, producers, and stars who own percentages of movies, etc. should be salary capped by the same rules.
2) States and cities are being bailed out. All sports franchises benefit from taxpayer subsidies from those states and cities, which enables them to pay the exorbitant salaries of the players and the profits of the owners. All should be salary capped by the same rule. If the Republicans had a testosterone count measurable without using quantum physics, they would put their own bill to that effect out. It would get squashed, but the chance to make points with those who are paying the bills would be wonderful.
Subotai Bahadur