Executive Pay Caps

Okay, so President Obama placed a $500K cap on salaries for any executive whose company received a bail-out.

Then, Wall Street execs began banging on their high chairs, claiming that in order for these companies to remain competitive, they needed for them to keep the executive bonuses intact.

Hmmm. . . .

Okay, that's like having a bus driver who drives his bus into a ditch. Then, says that in order to get his but out of the ditch, he'll require lots of monetary incentive to do so.


But all it shows is that he's a lousy bus driver and shouldn't have been behind the wheel.