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Saw this in an article over at DailyKos:
“Republicans have protested any limits on CEO salaries and despite an ongoing string of outrages, they still defend the astronomical figures handed out as being what it takes to get “the best.”"
If this is true it’s the absolute worst kind of hypocricy: blatant and in-your-face. These are presumably the same people who fought to put worker pay cuts in the auto bailout package. But, no so much for their rich buddies.
Further, I don’t understand why the White House and Congress are playing soft-ball on the bonus pay issue with banks getting bailout money. Everyone keeps giving speeches saying they’re mad about it, but why not get tough? Even if it’s not legally possible to get already-paid bonus money back, make it clear they can’t pay any more and definitely make it a provision of any future government money.