Wednesday, September 24, 2008

We're For A Small Government -- Balls, Not Pockets

From an article on the public reaction to Congress having the "audacity" to want to control executive pay as part of the bailout bill:

"We support the bill, but we are opposed to provisions on executive pay," said Scott Talbott, senior vice president for government affairs at the Financial Services Roundtable, a trade group. "It is not appropriate for government to be setting the salaries of executives."

Apparently it's appropriate for the government to bail out these jackholes, but NOT appropriate to mandate how the money is spent? GFY, my friend. GFY.

1 comment:

Steve said...

Yes. You can't have it both ways. The asshat that got you in a position to need a bail out doesn't get his multi-million dollar parachute.

Welcome to Capitalism 2.0 now with 50% less risk and 100% more retsin.