0bama and the congress should cut their own salaries and perks by 90%, and also those of his cabinet, and those silly czars that he has. After that, then maybe they can justify cutting the salaries of executives and potential executives from the bailed out companies.
B O and his minnion CZARS have the same right to cut your $50,000 salary to $30,000 as he does to cut business exec's pay from $2 million to $1 million. What a CZAR does, no Cabinet member would ever do. Now you see why B O wants CZARS.
If any cuts need to be made like that it should be within the share holder's! NOT a hired socialist unknown. Obama, can have 36 of these socialist and his wife can have 22 assistance, and WE THE PEOPLE paying for them have NO say! So what makes him think he can control the FREE market? "OH YEH", BECAUSE HE'S A RADICAL MUSLIM! BRING'IN the U.S. DOWN FROM THE INSIDE OUT! I can't believe know one's eyes see it. Once the dollar drops, China's going to take over! just like the BIBLE SAYS. I'm not a over the top religious man, but it's not hard to figure out. We need to get this anti-believer out of our WHITE HOUSE! He's not for the greater good! We are the LEADERS of the FREE WORLD! WE MUST DRILL OFF SHORE AND GET OFF OF FOREIGN ENERGY! Great show Greta! God Bless AMERICA!
The Obama robots can work 2 AND 1/2 DAY'S A WEEK! And "WE THE PEOPLE" work 5 or 6 days a week! sounds like a good deal , " JUST CAN'T FIGURE IT OUT! LESS GOV. MORE MAIN STREET JOBS!
DAMN STRAIGHT! To really show those bourgeoisie bastards who is boss next Summer send them to the fields of New Jersey to harvest crops. Mao would be very proud. LOL
Government has NO right to limit the paycheck of anyone in the private sector! If you believe this you are a fascist! The government is going contrary to our Constitution!....Time for Congress and white house and all federal workers to take a step up to the plate FIRST and lead by example for a change! See what happens when you Cut: Chris Dodd, Barney Frank, Pelousy, Reid, the Cabinet and all their employees, the czars and their support network, and absolutely all auxilliary Capitol workers the potus and wife in chief and all their staffs pay 90% and see how they squack about it!!!
That's why you should stop saying that "we own those companies." We don't Greta. We paid, but Obama is the sole owner. That's what communism is all about.
only if it limits the $ paid to b h os big union bosses he has in his pocket with card check to join unions despite our george mc govern opposin it mc g would've made a much better pres than the guy we're stuck with now b h o !
Money talks, and from what I see, you guys must be loaded with it. I have a friend that lost $10,000 of retirement funds through AIG. Cutting their benefits after robbing people of their hard earned money is just a start at what should happen to them.
Just what we need. The government telling people how much or little they can make. I think a lot of these people are crooks, but there are better ways to get our point across to the companies. How about not doing business with these companies. How about writing to the boards of these companies and explaining your decision. How about organized boycotts against the companies and their affiliates. To go the route that the Obama Admin wants to go is to go down a path that leads to a very slippery slope. Next thing we know, WE"LL be told how much we can make and what to do with the money, esp. if we receive any type of government check ( student loans, mortgages, other types of checks).
Be warned. It may seem sweet revenge, but it can easily come back and bite us in the wallet.
Who is Obama and his team to call the kettles black???? I would say if the senate and house and Obama and his less than law bidding cronies cleaned their house first and got rid of all the perks . When you start down the road of limiting pay, bonus and perks, you go down the road of total government control over everything and folks, we do not want that. Not one of them was smart enough to stipulate in the tarp money hand outs that no bonus were to be paid and not perks as a condition of the money----now they created their own miscarriage of justice and are trying to get out of it----and these are supposedly smart people----that is a laugh
As a taxpayer paying for the bailouts, sure, limits should be set on the bonuses!!! I believe in strict accountability with all government funds whether it is foodstamps or bonues. I believe the bailouts have set the most dangerous precendent ever.
Glad to see how many of u r in favor of "Corporate Welfare"
LOL at how Bernie Maddoff took your money. Any Bail Out money for him?
They should not interfere directly. However, things should be put in place to regulate top executive fiddling with numbers to show high profits and thus gaining huge bonuses. Secondly, there should be a law where share holders also get paid from the profits and not just the top executive. Set-up rules so that there can be no cheating and bringing down of companies by greedy people.
No--we should have thought about that before and not bailed them out--it is a slippery slope--they are private enterprise.
I ask again! Did anyone in the USA vote for Barry Soetoro Indonesia Naturalized Religin Muslim/Islam? 42 past Presidents were Vetted by the public & News media. 21 points to ck Qualification,Eligibility, 42 prior presidents provided long form Legal Copy of Birth Cert, in this case Legal Adoption/Name Change, past 42 presidents were USA Naturalborn with USA Citizenship. Past Presidents had alliegence to OUR USA,past presidents held up their right hand with left hand on the bible and swore to protect our Constitution and Due No Harm to Our Country. We the US Citizens might not have agreed with all past presidential actions, we can agree we have never had a Foreigner with dual Citizenship in our WH. I urge everyone who reads this go to Phillip J. Berg on the Web what you will find Obama crimes.com US attorney Eric Holder refusses to proecute Barry aka Barack/ Berg denial of conflict of interest by Ag Eric Holder under false claims act where by Soetoro aka Obama was accused of Defrauding the US Treasury by illegally being a US senator from Ill as Soetoro aka Obama is Illegal Alien not a US citizen. Eric Holder violated the code of Federal Regulations as well as Fed Criminal Laws pertaining to his conflict of Interest. Hawaii Department of Home Lands Manuel, this agency will not accept a Cert of Live Birth (COLB) to even prove Hawaiian hertiage for the purpose of Hawaiian lands, much less citizenship status. If the Hawaiian Gov will Not Accept Cert of Live Birth (COLB) why should the American people accept an image of a certification of Live Birth to prove Soetoro aka Obamas citizenship status & Constitutional Eligibility to serve as president of the US? All records are sealed Why? Soetoro aka Obama has spent over 1 million dollars defending all law suits filed since Bergs law suit Aug 21,08. Vault Certificate has Doctors Name & Signature, Weight,Length of baby ect. All records sealed Hospital in Kenya, 2 hospitals in Hawaii. Birth, Schools Occidental 1979 Foreign aid application Name: Barry Soetoro Country of Origin: Indonesia. Freedom of Information Act Harvard Registration & Public Disiciplinary Action Taken Under Full Former Name(s) Obama put None! Signed under Penalty of Perjury! Fact: Barry Soetoro has used Barry Durham aka Barry Obama aka Barack Hussein Obama. State Sen Ill Barry Soetoro aka Barack Hussein Obama Gov Form signed under Penalty of Perjury, same with US Senate seat Gov Form Perjury, Oath of Presidential Office Perjury! Barry Soetoro Indonesia Naturalized 1966 Religin Islam aka Barack Hussein Obama Mombosa,Kenya Hospital Aug 4,1961 British Citizenship to 1966. Who Voted for Barry Soetoro as 43rd President of the US? Fed Election Commission, they do not oversee the qualifications of canidates for President. Soetoro aka Obama filed order to dismiss & motion for Protective Order, which would prevent Soetoro aka Obama from turning over documents requested for discovery after the court has ruled to dismiss on motion. Note: Several days after Nov 4, 2008 Kenya Declared a National Holiday that did not occur because Soetoro aka Obama was a grandson & was elected, it was declared because he was born in Kenya. The Proof provided by Soetoro aka Obama/Dem Nominating Committee 1. Forged Hawaii Live Birth Cert (COLB) placed on Soetoro aka Obamas website had Fathers race as African, a term not used in 1961. Our Military did not get to vote 2008 election or atleast over 40,000 votes were delayed why? Now they have Barry Soetoro Indonesia Naturalized as Commander in Chief not sending 40,000 troops to Afganistan as requested by commander McCrystal in Aug. Barry Soetoro is responsible for Safety of our Military fighting to keep our country safe, we the American citizens need to stand up for our Constitution,our country,our military. Election 2010 Vote Barry Soetoro aka Obama, members of congress,Senators out of office. Our Constitution Deserves No Less!
Private company should get NO tax money. Stay out of the private sector Obama!
Now that they took the money their stuck with the govt. dictating to them.
Since they took "OUR" $ - too bad - NO BIG SALARIES!
To erichardson; you aren't fooling anyone. We all recognize Glenn Becks insane rantings. Nonsensical BS that will do nothing to help my friends find employment, or help me obtain affordable health insurance.
If they cut the pay at the top, then they should put ALL union workers on minimun wage, that's only fair.
Is it not against the Constitution for government to step in private business?
Hey Crystal,
If it is against the constitution maybe they should give back the bailout money.
Unless u r all for Corporate Welfare.?
jeanna: Can't stand the truth can you? Nothing that Beck states is a lie. You may wish to live off the government but most of us don't. The obama administration has done NOTHING for business. Do you even realize small business is the growth in the USA? Have you figured what the obama health care plan will do to small business? Probably not. You have to listen and pay attention to get it. Maybe your friends should start their own cleaning business or something else to earn money. Your foolish to put your faith in the government. With the added new taxes small business's will NOT grow. Wise Up!
You obama lovers wouldn't know nor do you WANT to know the truth. Try doing some real research. Glenn Beck has. If you had some smarts you'd realize it!
I voted "No", only because taxpayers should not even be asked to bailout these companies! But once they have their money (regardless of how they got it), it is ultimately theirs to do as they please. Giving them money and then telling them what to do with it, is nothing short of communism.
"B O and his minnion CZARS have the same right to cut your $50,000 salary to $30,000 as he does to cut business exec's pay from $2 million to $1 million. What a CZAR does, no Cabinet member would ever do. Now you see why B O wants CZARS."
Ahem, Bush had 47 Czars. Thats more then Obama currently has.
And of course Obama has the right to make this demand of the companies which took the bail-out cash. That was our tax dollars that propped these obese corps back up and guess who the majority share holder now is? Thats right, the Federal Government. No one forced then to take our tax dollars. So before they start breaking records with executive bonus's this year, they better start paying us back first!
To CalifRepub: "...once they have their money (regardless of how they got it), it is ultimately theirs to do as they please."
Uh, no. It was an investment that our government made. That means the federal government is now the majority stock-holder in those companies which took our billions of dollars in tax dollars. As such, the federal government gets to make the rules. Thats how it works. These companies understood this when they accepted their government bailout.
Hey Reen, if you are so pro-small business then you should love the trust-busting that is now going on with the health insurance industry. When states like Alabama can be dominated by ONE company in the field of health insurance, there is obviously no room for smaller up-and-coming competitors.
No need to thank Obama though, your tax dollars are thanks enough and don't worry, we'll keep after those big old corporations threatening small business. You betcha!
To Erichardson, I think your tinfoil hat is slipping, buddy.
Jeanna, Nobody owes anyone any thing.
Obama is dishonest. Beck states the truth, and Obama is to afraid of Beck to call him out on his statements, because he knows Beck is honest, and telling the truth. Obama knows that Obama/shit for brains, is a flat out liar like Pelosi. Pelosi and Obama are pure, corrupt, lying, skunk shit.
Hopefully, someone will put the dog down and that will be a good thing for all.
Wow Greta, judging on the last two comments, I'd say you and Fox have some really screwed up fans. You really pull the wing-nuts from the woodwork with your crack(ed) journalism.
Hey chad, there is nothing wrong with putting Beck down. We like Obama, NO MATTER WHAT, and even if Beck has a lot of viewers, it doesn't matter what he says, or what Obama does, we still will follow Obama anywhere.
Should have been done at the instant the rescue was offered, not after the fact, should have been in the original bill. But then congress did not read it, discuss it or even figure out if it would or would not work.
When they cut the pay of the executives they will leave and go elsewhere and guess what...the companies will fail!!! How stupid of the government to even think to do this...what they should have done was NOT bail them out. Talk about another stupid idea by this administration...one after another. I wouldn't be surprised if these executives had ten offers for a job elsewhere today. I am willing to bet that when this goes through...in nine months...these companies will be in worse trouble than before. Why would you want to punish them now...little late!!! Oh and here we go again...there goes another how many billions of dollars out the door. Sort of like trying to save on heat and leaving the windows open in the winter...
It's UNCONSTITUTIONAL.
No government has the right to dictate to private enterprise the terms of their approved compensation. It is up to the shareholders to have the voice and be made aware of the company operation and decide to award compensation on performance. It is unconstitutional for the government to have the authority to do this. Some institutions were forced to take TARP funds in order to provide a blanket cover for those insolvent institutions so there would not be a run on the banks...but this could have been handled in a different manner and those institutions should have been let fail as did the many savings and loan institutions in prior years. The government is overstepping its authority and also leaving responsibilty to unelected officials to act on its behalf... a shadow government run by czars. How is their pay established...by racking up assaults on private corporations? I would like to know how the czar's pay is established and approved by whom. The pay czar insists he is not a czar...then what is his actual title and who held this job during the last administration. Just one of many questions that the public would like to know. Thank you. Keep up the good, investigative journalism.
I voted yes BUT this should have been a stipuation when the money was
given. Gov't should have NO sy in private companies. They are trying to
take over EVERTHING.
As much as I disagree with any bailouts, if a company made bad loans, bad investments, they should flop. But, a contract with an employee is a legal and binding contract. Even if the person made some really bad loans, his contract still holds firm.
I worked for a major corporation, my weekly check was smaller then most of the people I supervised, but I knew at the end of the year, I would get a bonus check which made up for all that unpaid overtime I gave. Now this bonus was based on the ENTIRE company making a profit, so there was a lot of hard work. I figured it out one year, my base pay of $19,000 a year (USD) and my bonus of $30,000 devided by the number of hours I worked, I made $9 and hour. Heck, I paid my workers between $24 and $32 per hour.
The executives of these companies mislead their share holders. They took government money to stay afloat. If the share holders had to take the hit big time, so should the Executives . The Employees of these companies took the hit big time, so should the Executives. We are now share holders, not the government. I expect them to raise up their companies to the standards they belong, do not risk share holders money. then when they are back on track and prove that they have earned the billions of dollars they get paid we will no longer tell them what their compensation will be.
Simple
See how far we've already moved? The congress and president continue to trample on the US Constitution, the rule of law that gives them absolutely no authority to take over private businesses or bail out anyone! And yet we take polls on the moral/legal/ethical questions of completely unconstitutional atrocities! Unbelievable!!!
When they cut the pay of the executives they will leave and go elsewhere and guess what...the companies will fail!!!....
There are plenty of smart people to take their place. The problem is people at the top think they are irreplacable, and they get arrogant with the lives and money of others.
Well, I would be in favor, I do not believe any man is worth that kind of money, company stock, yes, for SALE only after retirement. That would give them a reason to work hard to see the Company succeeds. But I fear it will lower others wages also, think about it, these LOWER salaries might well give some companies an advantage in what they do or sell. If you save $millions every year on Salaries, you could afford to lower prices and STILL be far ahead of your competition because of much cheaper labor cost. OTHERS in that case, would be forced by everyday market forces to reduce their peoples salaries. It is common sense, but I hope I'm wrong cause one the Bama CZARS already made it so, the fact his actions just may be UNCONSTITUTIONAL is another story for the Supreme Court to look into, is it not?.
How will we recouped our investment with mediocre management?
If a company is bailed out by taxpayers then of course the company is going to have to answer to government officials. Everything from what goods and services are being produced to employee compensation will be under scrutiny. This happens even in the free market when one company or partnership buys out another company, the first thing that happens are executives pay schedules are negotiated and altered.
After all why was the company bailed out in the first place? I think the money can be much better used (investing in capital or buying out the government's claims) than paying execessive bonuses or ridiculous salary contracts.
If you cut one Employee's pay, CUT EVERYONES PAY !!! If we are going to go Communist, like Obama wants, let's do it all the way.
All Union workers get cut back to the new "minimum wage", if CEO's get cut back 90%.
Fair is fair.
CHAD: Get your facts straight. Bush had 8 czars. I certainly didn't agree with all Bush did but at least I don't make up stories. I know you love Obama, but get real and get honest.
Where you come up with your logic is beyond me. Just because I'm pro small business doesn't not mean I'm against large business.
A person should be able to go over state lines to obtain bids on their health insurance.
I HATE Obama and his pack of anti-US pied pipers being in charge of any business. But these business took our money so they put themselves in this position. Govt. should not dictate private business in ANY form, but when my tax payer money goes into them I don't want to see those that brought the company down and to its knees to be paid millions of dollars out of my pocket for doing it.
Its sad that "I WILL FOLLOW OBAMA ANYWHERE". Do you think for yourself about ANYTHING? You must have no logic or your head is so far in the sand you can't think straight. If you like socialism and communism so much I'd just love for you to take Obama and his pack and leave and go somewhere where they practice that form of government. It IS NOT THE USA. You can't follow Obama and LOVE THIS COUNTRY! Go AWAY!
Makes me ill that its people like this who are changing our Country. All that my Father and men and women like him have fought for is being trampled by these socialist communist loving radicals.
GOD HELP US!
Joeygoat: I agree to some extent. You were a normal person who worked hard, I bet, and deserved his/her pay.
These nuts don't.
Its such a difficult problem. On one hand we have no business but on the other they took a bailout and the same flunkies who poorly ran the company are now being paid millions for that poor job.
I bet Joeygoat, that you didn't fall into that category. This is tough. I hate it yet in this one instance I agree. Give them stock. These dips..ts, will have to finally WORK HARD to get back their $. No big lunches and trips without WORKING!
This question has too many ifs ands and buts.
Glenn Beck is one of the best things that have happened to Fox News. I know why Obama and his RADICAL (thats not even the correct word) friends don't like him.
Beck has done lots of digging and uncovered lots. If it wasn't for Fox News we'd know nothing about what is really going on.
Thats how Obama wants us. STUPID. I've never seen anything like it before in the White House. Nothing but evil.
I'm going to vote against everyone who is in office at this time. We need new blood.
Absolutely not for this. Yes, they owe the taxpayers a payment on the "loan", but then all the government has to do is demand repayment and provide a deadline date. If it's not paid, sue them. Once our government starts dictating how much ANY enterprise can pay their employees, we will have slid way to far down that slippery slope. What next? When will the government begin capping the salaries and bonuses of ANY business? This is becoming ridiculous, do we live in the USA or China?
To Reen; Do you realize that small businesses didn't have to pay the taxes they do now back in the 60s and 70s? It was the large corporations and mega wealthy that paid up to 80% of their profits. This paid for wars, highways, schools and other commonly needed institutions. The lie is that Reagan lowered taxes and benefited growth. He put the burden on small business and middle income workers. He cut federal backing to states and thus drove up property taxes and other state taxes. Only the wealthy have benefited from the wealthy conservative backed congress. The so-called improved standard of living the rich say we are experiencing is an illusion. Unpaid for and driving us further into debt.
To CaliRepub; In that case the money given to ACORN is theirs, too. With your reasoning, the government has no right to control what ACORN does with the money given them. Welfare recipients can buy beer and drugs and no one has a right to interfere or stop payments. Once you got it, no one can tell you what to do with it. Sort of like the way Corporate America treats its employees and investors.
I voted 'yes' because we are sic, manageing them. We should not have gotten involved in the first place and had we not taken over, h e l l no we should not be monitoring pay. I personnally think OBAMA took them over for the purpose of control.
To Tim Sommer; Invest in Certificates of Deposit. This may have small return, but is good for local business, your community and is insured up to a set amount. This is the best for our country and helps to create more small businesses. The stock market is one giant ponzi scheme at its current levels and regulatory status.
To juanita; Thanks to Fox News and commentators such as Beck and Hannity, you have no clue what is really going on. The only one that has a tinge of integrity left is Geraldo, and the only reason he still works for Fox is probably because he is locked into some contract he signed way back when they sent him to Afghanistan. I pity him. There isn't an episode that goes by without a book being pushed on the public. It is more like they are all in a book of the month club. Buy Buy Buy, the Conservative Mantra.
Jeanna: Thats all they do is push books?????? I'm a news junky and Fox is my news station and its funny but that isn't happening. I think your living in imaginary land.
As far as Geraldo. If you disagree with him about anyone that is of color - he'll ALWAYS take their side. He is wayyyy to biased.
Yes I'm a conservative. I don't believe killing babys just because some guy can't keep his pants zipped or some woman can't keep her legs together.
I don't want the government running my life. I will work and find my own way in life.
I believe "IN GOD WE TRUST".
I believe in the way our founding fathers wanted our Country to be run.
We have too many in government running the government.
I'm against all the corruption.
I could go on and on. I'm a conservative and proud of it.
You go ahead and believe in your Obama. His opinion that killing babys up to 6 months in the womb is a-ok. That taking over and controlling your health care is to "your" advantage even though NO one iin govt. will sign up for this same coverage. Did you know his mentor "Frank". He's Frank Marshall Davis - a known communist. Have you read his first book? His interest is in minorities and righting their wrongs even though slavery has long been over and blacks have been treated better than white people for years. Affirmative action..........
On and on. You may not like Glenn Beck, but its only because you don't like the truth. I guess I don't blame you because we're heading to hell. BUT you have to really really do some investigating to get at that truth.
Jeana: Your talking about redistribution of wealth. We owned a small business. This year we paid 60% taxes on $10,000 of est. income. Of course some of that will come back based on expenses. We WERE small business so know the TRUTH.
Why should we get more when we're not paying the taxes? Why should we receive big refunds when we're not paying the BIG taxes?
I don't want the rich's money. They worked and earned it. We are all offered the same in life. Well, unless your born rich. I don't expect that Bill O'Reilly send me his money because I have so much less than he does.
You people drive me nuts. WORK! PAY YOUR OWN WAY! I don't feel I deserve more because I have less. Only the greedy and those that don't want to work feel that way in my opinion.
Business's should receive tax benefits to keep them in the states. Why should they stay here when their paying soooo much? I wouldn't either. Its these business's that provide jobs. Some states taxes are so overwhelming that business either leave that state or the Country.
Granted, there are some out there who have been greedy - I can't even think of a good word for how I feel about them. Bush should have never given them money but the Obama administration is going overboard. They are bailing out everyone and its wrong. If they can't manage let them fail. But our govt. is doing the same thing. Spending money (their printing it!) they don't have. We can't sustain it.
Health care will cost way more than they think. They havn't been right about just about anything when estimating costs. Do you really think they'll open their old checkbook to pay for your parents medical needs when their old? Its not going to happen. I'm scared, really scared.
Why don't THEY want to sign on to this health care package? Ask yourself that.
Us baby boomers are retiring. There are not enough people working to pay all the debt.
P.S. Let me add that what I think should happen is that the IRS should be abolished.
I think there should be a flat tax. Maybe on what we buy or something similar.
That way there would be no anger over who is paying more than someone else. Everyone pays the same thing.
ALL private companies are on their own. NO government hand outs. They can't manage their money, they fail. This is NOT a socialist, marxist or communist country. We are the USA! You can work and make it or screw up and fail. The sad thing is that those that work hard but have idiots for bosses don't have a chance.
When we bailed out the auto company we also failed. Some of these employees were recently on strike. What, their making $60-$80.00 an hour! They have "striked" themselves right out of business along with the idiots running the company. AND the unions. Did any of them wonder how many cars would be sold when they'll be costing $40,000 or more! We just buy used vehicles now. Can't afford to pay for a vehicle that by the time its paid for its fallen apart. Really stupid investment.
Our state funded health care program is now in trouble. I always thought this form of welfare was to be a stepping stone, NOT a way of life. Yet, I know familys from our community that have 5-10 kids. They keep reproducing and I'm paying for their dental, health, eyes, etc. If you can't afford paying for your kids QUIT HAVING THEM!
Its just amazing to me. There are people in our community who don't want better jobs because they'd lose this health care. A woman had her kid at 45 but that will keep her in the system until she's probably ready for medicare. Sickening.
Now our state is in big trouble and cutting back.
So many of these people use this as their health care plan. NOT a stepping stone but for ever..................
Well, its nice to be able to let out some stress here. Thanks.
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