Gee, because it is? He said the compensation restrictions would apply to all financial institutions and might be extended to include all U.S. companies. Curiously, there isn't an earnings cap for politicians in Mr. Frank's plan
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The pay limit as a condition for companies to receive further bailout funds is fine. Legislating it is absolutely socialism, un-American, un-Constitutional, and just plain wrong.
As Thomas Jefferson said, "People get the government they deserve." Unfortunately, far too many people in the US today have been "educated" to believe that Socialism is the best government.
Even though I don't really have any representation in Congress - Rockefeller & Byrd are my Senators, Alan Mollohan my Congressman - it looks like I'm going to have to start really making noise, and hope that it makes at least a tiny fraction of a difference
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Even though I don't really have any representation in Congress - Rockefeller & Byrd are my Senators, Alan Mollohan my Congressman - it looks like I'm going to have to start really making noise, and hope that it makes at least a tiny fraction of a difference
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Cannibalism was on the decline.
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