Buffalo Business Daily

What do you think of the provision limiting CEO compensation being removed from the stimulus?

How is Obama going to explain that one? http://www.msnbc.msn.com/id/29119293

Public Comments

1. It's covered in the TARP.
2. Oops! Obama forgot about his big money donors! HA!
3. I think it sucks if it is removed. They said it would have cost and additional $11 Billion for this yet I don't see how. Neocons should be ecstatic over this. Even though they themselves do not get anything out making the rich richer.
4. You get what you pay for. Less compensation = Less talent A company should only worry about delivering a profit to its shareholders in a legal way.
5. all part of the big joke. hold nobody accountable, don't go after the real problem...just throw money at people who proved themselves incapable of managing it wisely. except it's OUR money they're getting. this whole thing will end poorly...and my guess is these rich jerks somehow manage to get even more money without fixing any of the problems. where do i sign up?????
6. obama owes a lot of people. that's how i explain it.
7. The paycap is going to cost over 10 billion in lost tax revenue? Explian where that money is going to come from now?
8. Just another case of Democrats favoring the rich. Oups.....I guess that was a well kept secret. Poor people, scratch that. Listen to what they say, not what they do.
9. Simple. It is not the role of the federal government to dictate what a company can pay their employees... And certainly not CERTAIN employees! (remember the first bill Obama signed into law? It had to do with discriminatory pay!!!) If the government is allowed to dictate and employee's pay, where does it stop? Yes, those companies receive money... but in the form of investments. The way TARP works is that the federal government (or more to the point, you and me) becomes a non-voting shareholder. Now, VOTING shareholders don't even get to dictate wages... why should the federal government have more power over a publicly held company than all the other millions of people in the country that own stock in that company? Look up FASCISM. We are getting close it already! Dictating employee salaries would get us even closer.
10. 1st. it isn't a stimulus package. It's a spending package. 2nd. the authors are already making excuses for its failure. 3rd. three RINOs do not a bi-partisan bill make.
11. The same thing I think of financial oversight being removed at the last minute Once again We The People get screwed -while private interests get free money with no oversight
12. Wall Street is Democrat,
13. ANOTHER LIBERAL PROMISE NOT KEPT...THEY WILL RUN ON THAT ISSUE WHEN THE TIME COMES.