White house master to slash exec pay

[DCortez]

Borrowed the headline from Drudge ...

the Obama administration will order the companies that received the most aid to deeply slash the compensation to their highest paid executives

[URL]http://www.cnbc.com/id/33417281

http://online.wsj.com/article/SB125615172396299535.html?mod=WSJ_hpp_LEFTTopStories

http://finance.yahoo.com/news/US-plans-big-pay-cuts-at-apf-22499205.html?x=0[/URL]


The way I see it, unions and union members also benefitted and should have their salaries slashed and assets seized.

.

 

[MadMo44Mag]

Socialism at its best!!!

 

[DCortez]

Think DOHbama will slash his own pay, along with his czars and congress? They also receive tax payer money.

 

[MadMo44Mag]

Think DOHbama will slash his own pay, along with his czars and congress? They also receive tax payer money.

Yeah, the only thing Obama is gona slash is the the American tax payers throat!

 

[cbigclarke]

you know... it serves them right for going to the government with hat n hand. next time they'll learn to stand and fall as men

 

[MadMo44Mag]

you know... it serves them right for going to the government with hat n hand. next time they'll learn to stand and fall as men

If there is a next time!
If Obama has his way everything will have the governments hand in it.

 

[Texas1911]

The way I see it, unions and union members also benefitted and should have their salaries slashed and assets seized.

How many were laid off or took cuts in pay? I'm sure a number of them did.

 

[DCortez]

How many were laid off or took cuts in pay? I'm sure a number of them did.

I'm talking about the ones still there. Plenty of Wall Streeters have lost jobs and/or 401k's. Besides, how much of GM is union owned now?

 

[DCortez]

Wonder if DOHbama will run these companies into the ground and sell them to his buddies at a discount. Along the lines of GM or insider trading oil type deals that Soros got.

 

[Okierifleman]

I may get flamed for this, but it wouldnt be the first time. The taxpayers want their money back! We propped these jackass's up, and no one knows where the money went anyway. No accountability. So, we are just going to let them write themselves big bonus checks again? Not so fast. If I invest in a company or save one from going down, I damn sure get some say in how I am going to get my investment back. You guys can limp along until your debt has been repaid. The problem as I see it is you must have the right people overseeing the job. You just cant run around screaming socialism or government intervention on this one. We want our money back, we need our money back.

 

[Acetone]

Didn't Citigroup repay their debt already?

 

[DCortez]

I know Bush, and his pals, forced Wells Fargo to take money it didn't want or need. Not sure who all has paid up.

If someone owed me money, I wouldn't want them going on vacation before I was paid. However, DOHbama and others have redistribution plans they'd love to implement.

 

[Okierifleman]

Of course, if one of these companies has paid their debt in full, then they should not be on the list. I can assure you GM, Chrysler, and AIG have not paid their debt.

 

[hk boy]

I'm with Okierifleman
if a company took money from tax payers, then we have a say in how they are paid/compensated.
if money is paid back or no money were tanken--then carry on, business as usual