The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said.
...
One proposal could impose greater requirements on the boards of companies to tie executive compensation more closely to corporate performance and to take other steps to assure that outsize bonuses are not paid before meeting financial goals. (Herald Tribune)
Correct me if I'm wrong, but wasn't government interference in the housing market a huge factor in bringing about the economy's death spiral? Banks and lending institutions were forced to lend to people that could not afford homes so they could buy them anyway.
Government controlling business. What could go wrong?
Rush is truthin' here:
You take a look around you, the genuinely successful people that you see who you want to be did not check their individualism at the door when they started their work. They didn't check their self-interests at the door, and they didn't check their self-respect, and they didn't turn over the belief in themselves to somebody else. That's all I'm talking about and that's under assault by this administration, which wants to control and limit freedom, 'cause the only way Obama can get the power he wants and the Democrats can get the power they want is if you willingly turn it over to them, by getting rid of your self-interest, your self-respect and holding your best interests at heart. Your best interests do not coincide with your government's, especially now.
(via Hot Air)
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