While standing in line at the bank about an hour ago I saw a burb on CNN that Henry Waxman and others were questioning "prominent" CEO's about executive pay. Can anyone tell me where in the Constitution is Congress authorized to concern itself about anyone's pay? Should it not be the responsibility of the shareholders to determine what anyone in the organization is paid?

How much is too much? A million dollars a year? a half million a year? $100,000.00 per year? What right does Congress have to interfer with any company's payment policies?

Perhaps "prominent" CEO's should, like the heros in Atlas Shrugged, just quit trying to run businesses and leave it up to the Workers of the World.

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Its better to have fussed and crabbed then never to have fussed at all - Lucy

or perhaps just move and let the us economy crumble away

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You can never dent spiderwebs

I do not know how anyone could be held accountable for a dumbass borrower who does not understand that when they SIGN a 500,000 ARM note and rates rise by just 1% that the payments increase by 5,000$ per year. The good people at COUNTRYWIDE ARE HEROS AND SHOULD BE GIVEN A TICKER TAPE PARADE for finding so many retards that are willing to part with their common sense (or lack thereof) to buy something they cannot afford! Personally, I think the CEO of Countrywide was UNDERPAID! Long live seperating morons form their money!!!!!!!

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"oops there goes sanity, oops there goes gravity"

http://www.youtube.com/watch?v=xFYQQPAOz7Y
Cottonbroker.....formerly known as "the Artist"

The CEO of countrywide is a piece of shit

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You can never dent spiderwebs

You closet-homo Bushbots really WoW us with yer insghts.

I'd be amazed at one insight from you coward

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You can never dent spiderwebs

It's not the governments business, how much a CEO, or anyone else makes, period.

the dumb morons just walk away, and as they put nothing done, they lose nothing. The ones that get screwed are the ones who funded the bad paper, and paid for the $100 million dollar bonuses, and those stupid fools are people like you, who thinks that paying a high fee to a fund manager will result in your retirement savings being invested in sound investments, when instead the quest for bonuses from managing your money meant they used your money to fund the bad paper that is now almost worthless.

So, the real morons in all of this are people like you who have IRAs and 401K that you believe will allow you to retire. It is a good thing that Social Security is a defined benefit and not defined contribution with you take your chances on the benefit.

Further, your own property has gone down in price, so if you need to sell it in the next few years, you will lose there, though over the long term the price will rise to reflect the value.

I find it interesting how shallow the understanding of the economy those who claim to be free market capitalist actually is.

Think about it. If I have no capital at risk, what do I care if the equity on "my property" goes negative from zero. I put no capital into the purchase. If the price goes up, I walk away with a profit. If the price goes down, I walk away with nothing, and the fool who put up the money is stuck with a loss.


The only thing that can be better is to be able to get the deal where one gets a bonus for doing well, and where one gets a big severance package for doing badly. If you win, they get $50M, and if you lose, they get $50M.

Now what control do you have over the bonuses that these guys make for turning your neighborhood into a slum in the making, for making it impossible to sell your house as you seek to move to another town for a better job. Or they destroy trust in the financial markets so you can't borrow money to pay your tuition. Or they drive down the price of your stock portfolio as the market declines broadly.

Congress,

Probably wants to know why they're not getting any more "under the table" $$$$$$$$.

Treasonous Bastards

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"I hope our wisdom will grow with our power, and teach us, that the less we use our power the greater it will be." Thomas Jefferson

"The conservative movement has been hijacked and turned into a globalist, interventionist, open borders ideology, which is not the conservative movement I grew up with." Pat Buchanan

"The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government"
Thomas Jefferson

The people that pay a CEO's salary are the investors of that company or corp. The goverment doesn't own business so they get nothing to say about it.

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An informed voter scares the Goverment lackeys.

An American first and always a Conservative.