you’ll laugh, you’ll cry, it’ll change your life

LIMITING EXECUTIVE PAY

Apparently Democrats want to limit the executive pay and bonuses of companies that accept federal funds.  My gut reaction is to say that any company that takes taxpayer money deserves what it gets.  On further analysis since it the obligation of a corporation to serve its investors, not the nation as a whole, they must take the money.  (Never mind the politicala difficulties of doing so).  So I say again, “bad government”.  Not just for trying to limit how companies pay their workers, but more importantly for offering this poison fruit they cannot help but take.

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One response

  1. Remember it is a strategic competitive advantage to the stronger banks that the weaker ones have their exec comp limited… I don’t think Barak Obama will stand up to the execs at the stronger banks. I’ve just posted on this, in case you are interested.

    October 22, 2009 at 5:01 pm

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