See, hope isn't just a word. The Obama strikes again! His iron fist is showing - setting a cap on executive salary/compensation for those companies who have recieved government bailouts -the limit is $500,000. Well well!
This is a move beyond mere tokenism. I thought he was guilty of the same when he froze White House staffer pay. After all, how much could the country save with a few $100,000s? This is a weighty move. It is logical too. On the one hand, you beg the government to hand you money to run the company, and with the other hand you rack up the numbers in your Swiss account. Unfair?
Take that, you Wall Street types.
Now, I know, some people will find fault with this move by saying he is playing to the gallery -you know, trying to gain popular support. He already has that, I will remind them.
You may say, yet again, that he is diverting attention from the Daschle fiasco. No matter, I shrug. This guy has his instincts right. Maybe since he comes from a middle class environment and was not born with a silver spoon in his mouth, he knows what it is like for hard-working tax paying common people.
The previous Big Guy had it all - a ranch or two, and access to White House kitchens and washrooms. It's no wonder that he and his cronies could dismiss the concerns of ordinary folk and focus attention on private jets, holiday villas in Marbela and refurbishments of washrooms costing $1 million.
However, I'm curious about AIG and Citigroup. Santa visited them earlier, so does this new rule affect them at all?
I see u really do a lot of research work on OBAMA, even in kolkata the book stores packed with the books of OBAMA dissapeared the second day after he became the president. News in TV is a good sourse but I too acquired alot of info from your articles related to Him.
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