Obama caps executive pay tied to bailout money - Yahoo! News
I was just wondering, was this an Executive order? Was this congress's doing? I think these guys are crooks, but I don't think we should have bailed these businesses out. It hurts our system, but on what authority does Obama have in doing this? The article just says, "the Obama Administration."
At best it is a retroactive legislation. As I understand it, there is a precident on executive orders. They can't legislate. This sounds like legislating to me.
I guess we should be prepared for socialism and more orders from the Obama administration.
How did we elect this man, comrades?
I was just wondering, was this an Executive order? Was this congress's doing? I think these guys are crooks, but I don't think we should have bailed these businesses out. It hurts our system, but on what authority does Obama have in doing this? The article just says, "the Obama Administration."
At best it is a retroactive legislation. As I understand it, there is a precident on executive orders. They can't legislate. This sounds like legislating to me.
I guess we should be prepared for socialism and more orders from the Obama administration.
How did we elect this man, comrades?