Ah the hope and change:
The real Obama emerges. Anyone still think he is a different kind of politician?
I noticed the lobbyists at Fraudie Mac and Flunky Mae paid him $100,000 in campaign contributions.
I have been impressed with this lady from Missouri though. Its well overdue, something had to be said.
http://www.kansascity.com/637/story/1010370.html
McCaskill on corporate executives' pay: 'These people are idiots'
Sen. Claire McCaskill — steaming mad and not going to take it anymore — on Friday called Wall Street executives “idiots” and proposed limits on some of their salaries.
Her proposal would force companies taking federal bailout money to limit compensation for any employee to what the president of the United States currently earns: $400,000 a year.
“Is that so unreasonable?” the Democrat from Missouri asked. “It’s eight times the median household income in the United States of America. … I don’t think that sounds like a bad deal.”
The idea lit up blogs, Web sites and TV screens across the nation, with many applauding her attack on wealthy bankers and investors.
“They don’t get it,” McCaskill said on the Senate floor. “These people are idiots.”
The compensation cap would cover salary, bonuses and stock options.
Critics quickly struck back, calling the plan shortsighted.
“It’s a stupid idea,” said Woody Cozad, a lobbyist, commentator and Republican from Missouri. “
I don’t defend anyone who’s at those companies now, but if they all need to be replaced, you’re not going to replace them with anybody very good for $400,000.”
If these people were so good, why do they need public money to survive? :bs:
I notice no-one from the Republicans has uttered a murmur on the issue.