So I just read an article about Obama capping salaries for top executives at companies that are getting the windfall from the bailout plans. I hate to say it. In fact, I really really hate to say it, but I agree with doing that. Let me be clear that I agree within reason though. Cap the salaries for those executives that are there now. Don't make it an ongoing cap for new executives. I firmly believe that CEO's and CFO's actually earn the big bucks. In fact, I think that, generally speaking, those guys are smarter and harder workers than the vast majority of Americans. But if they have run their businesses into the ground, and taxpayers are going to have to bail them out, then they should be limited in their spending and earning.
Thankfully, I still have the bailout package to be annoyed with, so I don't have to actually change my mind about Obama. I mean, admist all of the moves I totally disagree with, he was bound to do something that I didn't totally disagree with at some point, right?
Oh, and I am now 10 hours into my coke-fast. I can officially say it sucks and I want a damn diet coke!
No comments:
Post a Comment