July 31, 2009
Barney Frank (D-VT) wants the federal government to decide how much Wall Street executives (and all other executives of private companies) are paid. Barney also wants the government to decide how they are paid. Legislation to ban incentive-based pay for private corporations has been approved by the House Financial Services Committee. I don't know where [...]
Read the full article →
February 26, 2009
During tuesday's speech to Congress, President Barack Obama spoke of the need for fiscal responsibility, eliminating wasteful government spending, and cutting the deficit in half, among other things. Republicans and Democrats alike cheered. Sitting directly behind Obama was Speaker of the House Nancy Pelosi (D-CA), who appeared positively ecstatic with our new President (was I [...]
Read the full article →