Thursday, February 5, 2009
Maybe we should send him after pro athletes next?
Well suffice to say Obama has thoroughly angered a lot of executive types through out the nation. His proposed salary limit has so-called business analyst running scared. No sooner did he express his intent to follow up on his campaign promise to limit compensation ( to a paltry $500,000) for executives in companies that receive bail out funds, than the 'experts' start crying about losing top talent to other firms. If these executives were actually top talent then their companies wouldn't be receiving TARP funds in the first place. If the limit causes an exodus in old-hands then so be it. Get some young blood (fresh out of college, go getter who sees half a million as one heck of a pay check) in there to try and breath fresh life into the business. Hopefully by the time they become the old hands the company won't be pulling an Oliver Twist at the Federal government's doorstep.
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