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	<title>Comments on: Obama To Limit Bank Exec Pay, Bonuses</title>
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		<title>By: proreason</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132557</link>
		<dc:creator>proreason</dc:creator>
		<pubDate>Wed, 04 Feb 2009 20:42:57 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132557</guid>
		<description>Limiting the pay is about 2 things.

1. Class warfare
2. Another step towards socialism.

Victor Davis Hanson has a story about having a gallstone attack when he was visiting Libya.   As soon as he discovered the janitor and his surgeon were making the same salary, he decided to get out as fast as he could.</description>
		<content:encoded><![CDATA[<p>Limiting the pay is about 2 things.</p>
<p>1. Class warfare<br />
2. Another step towards socialism.</p>
<p>Victor Davis Hanson has a story about having a gallstone attack when he was visiting Libya.   As soon as he discovered the janitor and his surgeon were making the same salary, he decided to get out as fast as he could.</p>
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		<title>By: Rusty Shackleford</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132554</link>
		<dc:creator>Rusty Shackleford</dc:creator>
		<pubDate>Wed, 04 Feb 2009 20:24:46 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132554</guid>
		<description>Disappointment turns into despair.  Despair becomes acquiescence.  Acquiescence becomes ambivalence.  Ambivalence becomes implementation.  Implementation becomes obligation.  Obligation is responsibility....to uphold the socialist policies and regulations imposed upon the people through the process of the aforementioned.  

If we can break this cycle at any one point in that chain...we can win.

Disappointment must become disgust
Despair must become desire
Acquiescence must become resistance
Ambivalence must become the need to know the truth.

That way the individual citizen can keep their rights intact and maintain the responsibility of being a part of a free nation.  Not a citizen who&#039;s responsibility has become to uphold a nation.</description>
		<content:encoded><![CDATA[<p>Disappointment turns into despair.  Despair becomes acquiescence.  Acquiescence becomes ambivalence.  Ambivalence becomes implementation.  Implementation becomes obligation.  Obligation is responsibility&#8230;.to uphold the socialist policies and regulations imposed upon the people through the process of the aforementioned.  </p>
<p>If we can break this cycle at any one point in that chain&#8230;we can win.</p>
<p>Disappointment must become disgust<br />
Despair must become desire<br />
Acquiescence must become resistance<br />
Ambivalence must become the need to know the truth.</p>
<p>That way the individual citizen can keep their rights intact and maintain the responsibility of being a part of a free nation.  Not a citizen who&#8217;s responsibility has become to uphold a nation.</p>
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		<title>By: Odie44</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132500</link>
		<dc:creator>Odie44</dc:creator>
		<pubDate>Wed, 04 Feb 2009 14:57:42 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132500</guid>
		<description>COl-

Agreed - which ironically are covenants of bankruptcy proceedings - restructure based on ability to perform and repay debt. Results oriented pay scale, led and voted by people not associated with prior failure of leadership and these banks will start making honest money, not on the backs of leveraging 10 times bad debt on existing bad debt.

While some CEO&#039;s do not and have not justified their ridiculous multi million parachutes (3 Obama econ &quot;experts&quot; come to mind) - most CEO&#039;s earn it, whether in salary and/or performance bonuses.

And speaking of pay - didn&#039;t Congress just get another pay raise, while performing at a 9% approval rate, during a deep recession on their watch???</description>
		<content:encoded><![CDATA[<p>COl-</p>
<p>Agreed &#8211; which ironically are covenants of bankruptcy proceedings &#8211; restructure based on ability to perform and repay debt. Results oriented pay scale, led and voted by people not associated with prior failure of leadership and these banks will start making honest money, not on the backs of leveraging 10 times bad debt on existing bad debt.</p>
<p>While some CEO&#8217;s do not and have not justified their ridiculous multi million parachutes (3 Obama econ &#8220;experts&#8221; come to mind) &#8211; most CEO&#8217;s earn it, whether in salary and/or performance bonuses.</p>
<p>And speaking of pay &#8211; didn&#8217;t Congress just get another pay raise, while performing at a 9% approval rate, during a deep recession on their watch???</p>
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		<title>By: Colonel1961</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132499</link>
		<dc:creator>Colonel1961</dc:creator>
		<pubDate>Wed, 04 Feb 2009 14:43:29 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132499</guid>
		<description>Excellent point about 1/20th the pay, O44.  These CEOs can go elsewhere and make many times more - why should they stick around?  And, pay trickles down.  If the top guy is only making $500k, what are the underlings going to make?  

If you want change/progress, fire them all and let the board/shareholders elect their own people and pay them what the market dictates...</description>
		<content:encoded><![CDATA[<p>Excellent point about 1/20th the pay, O44.  These CEOs can go elsewhere and make many times more &#8211; why should they stick around?  And, pay trickles down.  If the top guy is only making $500k, what are the underlings going to make?  </p>
<p>If you want change/progress, fire them all and let the board/shareholders elect their own people and pay them what the market dictates&#8230;</p>
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		<title>By: Odie44</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132498</link>
		<dc:creator>Odie44</dc:creator>
		<pubDate>Wed, 04 Feb 2009 14:33:20 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132498</guid>
		<description>The bumbling fool Bamabi cant even get pay right. 

CEO&#039;s and other executives recieve pay based upon Board (public) votes, which is usually stacked with friends, insiders and folks who sit on each others boards for a few million combined each year. Whether or not they receive fed funds, which is a misnomer since all banks must receive overnight Fed funds for deposit - attempting to cap exec salaries is missing the mark and would have a zero net effect on the current financial issues today. 

Maybe the Pittsburgh Pirates can turn their team around, after 20 years of sub .500 ball - by hiring someone for 1/20th of any other managers pay. I am confident this wil solve their problem...

Bambi is resetting the phrase &quot;one step forward, two steps back&quot; each and every day of his presidency...

This dolt thinks capping the top end creates value on the bottom - which doesnt friggin happen in a capitalistic financial-driven market. It is also why every attempt from the likes of Marx, Castro, Jong Il, etc have failed miserably. 

Its time for the muslim/Marixst dunce to exit stage left. Now.</description>
		<content:encoded><![CDATA[<p>The bumbling fool Bamabi cant even get pay right. </p>
<p>CEO&#8217;s and other executives recieve pay based upon Board (public) votes, which is usually stacked with friends, insiders and folks who sit on each others boards for a few million combined each year. Whether or not they receive fed funds, which is a misnomer since all banks must receive overnight Fed funds for deposit &#8211; attempting to cap exec salaries is missing the mark and would have a zero net effect on the current financial issues today. </p>
<p>Maybe the Pittsburgh Pirates can turn their team around, after 20 years of sub .500 ball &#8211; by hiring someone for 1/20th of any other managers pay. I am confident this wil solve their problem&#8230;</p>
<p>Bambi is resetting the phrase &#8220;one step forward, two steps back&#8221; each and every day of his presidency&#8230;</p>
<p>This dolt thinks capping the top end creates value on the bottom &#8211; which doesnt friggin happen in a capitalistic financial-driven market. It is also why every attempt from the likes of Marx, Castro, Jong Il, etc have failed miserably. </p>
<p>Its time for the muslim/Marixst dunce to exit stage left. Now.</p>
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		<title>By: Steve</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132478</link>
		<dc:creator>Steve</dc:creator>
		<pubDate>Wed, 04 Feb 2009 05:23:15 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132478</guid>
		<description>&quot;I disagree this time with S&amp;L, I think if you accept public assistance like AIG, you have to agree to certain things.&quot;

Remember that some of the banks were forced into accepting a government &quot;buy in,&quot; whether they wanted or even needed it or not.

Paulson Forced Banks To Accept US ‘Buy In’ &#124; Sweetness &amp; Light
http://sweetness-light.com/archive/paulson-forced-bankers-to-accept-us-buy-in</description>
		<content:encoded><![CDATA[<p>&#8220;I disagree this time with S&#038;L, I think if you accept public assistance like AIG, you have to agree to certain things.&#8221;</p>
<p>Remember that some of the banks were forced into accepting a government &#8220;buy in,&#8221; whether they wanted or even needed it or not.</p>
<p>Paulson Forced Banks To Accept US ‘Buy In’ | Sweetness &#038; Light<br />
<a href="http://sweetness-light.com/archive/paulson-forced-bankers-to-accept-us-buy-in" rel="nofollow">http://sweetness-light.com/arc.....-us-buy-in</a></p>
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		<title>By: brad</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132474</link>
		<dc:creator>brad</dc:creator>
		<pubDate>Wed, 04 Feb 2009 04:26:32 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132474</guid>
		<description>I disagree this time with S&amp;L, I think if you accept public assistance like AIG, you have to agree to certain things. And the bailout money was not intended for providing bonuses. If it&#039;s your money, you can do what you want, but it&#039;s not your money, it&#039;s our money---stolen from us, to give to corporations. 

Gay people always said, &quot;What we do in the privacy of our own bedrooms is no one else&#039;s busines.&quot; TRUE!

BUT

You forfeit some of your privacy when you: try to change PUBLIC laws, teach PUBLIC school children you &quot;private&quot; ways of life, engage in PUBLIC street marches, accept PUBLIC money for prevention and educational goals, and demonstrate PUBLICLY about everything you hate. 

Public/Private....there&#039;s a difference.</description>
		<content:encoded><![CDATA[<p>I disagree this time with S&amp;L, I think if you accept public assistance like AIG, you have to agree to certain things. And the bailout money was not intended for providing bonuses. If it&#8217;s your money, you can do what you want, but it&#8217;s not your money, it&#8217;s our money&#8212;stolen from us, to give to corporations. </p>
<p>Gay people always said, &#8220;What we do in the privacy of our own bedrooms is no one else&#8217;s busines.&#8221; TRUE!</p>
<p>BUT</p>
<p>You forfeit some of your privacy when you: try to change PUBLIC laws, teach PUBLIC school children you &#8220;private&#8221; ways of life, engage in PUBLIC street marches, accept PUBLIC money for prevention and educational goals, and demonstrate PUBLICLY about everything you hate. </p>
<p>Public/Private&#8230;.there&#8217;s a difference.</p>
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		<title>By: BillK</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132457</link>
		<dc:creator>BillK</dc:creator>
		<pubDate>Wed, 04 Feb 2009 00:38:17 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132457</guid>
		<description>I&#039;m still waiting for Barry to limit lawmakers&#039; pay.

OK, I&#039;m just kidding but it would be great were it to happen.</description>
		<content:encoded><![CDATA[<p>I&#8217;m still waiting for Barry to limit lawmakers&#8217; pay.</p>
<p>OK, I&#8217;m just kidding but it would be great were it to happen.</p>
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		<title>By: aze_216</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132455</link>
		<dc:creator>aze_216</dc:creator>
		<pubDate>Tue, 03 Feb 2009 23:51:37 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132455</guid>
		<description>yeah - limiting pay for executives.. that should really bring in the talent.  On the other hand, it should warn anybody in the finance industry who wants to get their sticky fingers in the money pie of what will happen if they go for a slice.</description>
		<content:encoded><![CDATA[<p>yeah &#8211; limiting pay for executives.. that should really bring in the talent.  On the other hand, it should warn anybody in the finance industry who wants to get their sticky fingers in the money pie of what will happen if they go for a slice.</p>
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		<title>By: Reality Bytes</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132431</link>
		<dc:creator>Reality Bytes</dc:creator>
		<pubDate>Tue, 03 Feb 2009 21:20:51 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132431</guid>
		<description>I seem to remember a Chicago hospital&#039;s executive director salary leaping 190% nearly $325,000 the same year her husband won his senate seat Hmmmm.

http://blogs.usatoday.com/ondeadline/2006/09/hospital_offici.html

Oh, &amp; lookie here, why that same hospital won 1 million in federal funding from a bill sponsored by her dear spouse. My Oh My. Do Tell.

http://www.swamppolitics.com/news/politics/blog/2008/03/michelle_obamas_hospital.html

Should I draw you a chart?

http://directorblue.blogspot.com/2009/01/chart-michelle-obamas-salary.html

Why, when you think about it, why aren&#039;t fine public servants like these two who want to regulate what others make, stick to the same principles? With 1 million in income, it seems they need to work on that.

http://blogs.suntimes.com/sweet/2007/04/sweet_blog_extra_barack_and_mi.html

Hypocracy! Thy Name is Liberal!</description>
		<content:encoded><![CDATA[<p>I seem to remember a Chicago hospital&#8217;s executive director salary leaping 190% nearly $325,000 the same year her husband won his senate seat Hmmmm.</p>
<p><a href="http://blogs.usatoday.com/ondeadline/2006/09/hospital_offici.html" rel="nofollow">http://blogs.usatoday.com/onde.....ffici.html</a></p>
<p>Oh, &amp; lookie here, why that same hospital won 1 million in federal funding from a bill sponsored by her dear spouse. My Oh My. Do Tell.</p>
<p><a href="http://www.swamppolitics.com/news/politics/blog/2008/03/michelle_obamas_hospital.html" rel="nofollow">http://www.swamppolitics.com/n.....pital.html</a></p>
<p>Should I draw you a chart?</p>
<p><a href="http://directorblue.blogspot.com/2009/01/chart-michelle-obamas-salary.html" rel="nofollow">http://directorblue.blogspot.c.....alary.html</a></p>
<p>Why, when you think about it, why aren&#8217;t fine public servants like these two who want to regulate what others make, stick to the same principles? With 1 million in income, it seems they need to work on that.</p>
<p><a href="http://blogs.suntimes.com/sweet/2007/04/sweet_blog_extra_barack_and_mi.html" rel="nofollow">http://blogs.suntimes.com/swee.....nd_mi.html</a></p>
<p>Hypocracy! Thy Name is Liberal!</p>
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		<title>By: proreason</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132427</link>
		<dc:creator>proreason</dc:creator>
		<pubDate>Tue, 03 Feb 2009 21:06:28 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132427</guid>
		<description>Limit the income of The Moron&#039;s family doctors.</description>
		<content:encoded><![CDATA[<p>Limit the income of The Moron&#8217;s family doctors.</p>
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		<title>By: oldswimcoach</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132423</link>
		<dc:creator>oldswimcoach</dc:creator>
		<pubDate>Tue, 03 Feb 2009 20:50:53 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132423</guid>
		<description>Income limits on executive level positions always result in incompetent management.

Exhibit A the US Congress
Exhibit B the US Senate

I rest my case!</description>
		<content:encoded><![CDATA[<p>Income limits on executive level positions always result in incompetent management.</p>
<p>Exhibit A the US Congress<br />
Exhibit B the US Senate</p>
<p>I rest my case!</p>
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		<title>By: Confucius</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132417</link>
		<dc:creator>Confucius</dc:creator>
		<pubDate>Tue, 03 Feb 2009 20:07:48 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132417</guid>
		<description>I think Obama should have income limits too.

(1)  He benefitted from government assistance as a child in the form of food stamps.
(2)  He benefitted from government assistance as an adult in the form of affirmative action.
(3)  His benefits have been &quot;exceptional,&quot; if not historic.

Ergo, Obama should have to live with income limits too.</description>
		<content:encoded><![CDATA[<p>I think Obama should have income limits too.</p>
<p>(1)  He benefitted from government assistance as a child in the form of food stamps.<br />
(2)  He benefitted from government assistance as an adult in the form of affirmative action.<br />
(3)  His benefits have been &#8220;exceptional,&#8221; if not historic.</p>
<p>Ergo, Obama should have to live with income limits too.</p>
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		<title>By: caligirl9</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132383</link>
		<dc:creator>caligirl9</dc:creator>
		<pubDate>Tue, 03 Feb 2009 18:12:10 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132383</guid>
		<description>standup, there&#039;s a difference between &quot;can&#039;t&quot; and &quot;don&#039;t/won&#039;t.&quot; Can&#039;t may mean they don&#039;t have the money to pay the taxes.

Don&#039;t and won&#039;t means they were hoping to get away without paying—but they were always able to pay, because when confronted they write out a check and say &quot;Sowwy! My bad!&quot;</description>
		<content:encoded><![CDATA[<p>standup, there&#8217;s a difference between &#8220;can&#8217;t&#8221; and &#8220;don&#8217;t/won&#8217;t.&#8221; Can&#8217;t may mean they don&#8217;t have the money to pay the taxes.</p>
<p>Don&#8217;t and won&#8217;t means they were hoping to get away without paying—but they were always able to pay, because when confronted they write out a check and say &#8220;Sowwy! My bad!&#8221;</p>
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		<title>By: Colonel1961</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132382</link>
		<dc:creator>Colonel1961</dc:creator>
		<pubDate>Tue, 03 Feb 2009 18:09:22 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132382</guid>
		<description>I, for one, am glad to see Mr. Obama, et al., make my decisions for me!  Thank you!  Now I can go downstairs and watch Oprah and not worry about anything at all...  Whee!!</description>
		<content:encoded><![CDATA[<p>I, for one, am glad to see Mr. Obama, et al., make my decisions for me!  Thank you!  Now I can go downstairs and watch Oprah and not worry about anything at all&#8230;  Whee!!</p>
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		<title>By: wardmama4</title>
		<link>http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132379</link>
		<dc:creator>wardmama4</dc:creator>
		<pubDate>Tue, 03 Feb 2009 17:51:17 +0000</pubDate>
		<guid isPermaLink="false">http://sweetness-light.com/archive/obama-to-limit-bank-exe-pay-bonuses#comment-132379</guid>
		<description>These are the same losers who are/voted for:
1) Joe Biden (during the early primary) calling The One (tm) &#039;clean and articulate&#039; now his VP. . .
2) The One&#039;s (tm) Opening salvo - &#039;America is the greatest country in the World, now join with me to change it.&#039; 
3) Joe Biden (gotta love this particular species of moobat) - saying &#039;Paying taxes is patriotic&#039; - now giving a &lt;del&gt;pass&lt;/del&gt; Administration position to one tax cheat after another.
4) The One (tm) promising to take Public Financing and  then backing out to &#039;protect himself from the Vast Right Wing Conspiracy that was going to attack him&#039;
5) ACORN being implicated in 14 different state election frauds - being given money in the stimulus 

These people no longer care about honesty, transparency, logic, the rule of law, the Constitution or America.</description>
		<content:encoded><![CDATA[<p>These are the same losers who are/voted for:<br />
1) Joe Biden (during the early primary) calling The One &#8482; &#8216;clean and articulate&#8217; now his VP. . .<br />
2) The One&#8217;s &#8482; Opening salvo &#8211; &#8216;America is the greatest country in the World, now join with me to change it.&#8217;<br />
3) Joe Biden (gotta love this particular species of moobat) &#8211; saying &#8216;Paying taxes is patriotic&#8217; &#8211; now giving a <del>pass</del> Administration position to one tax cheat after another.<br />
4) The One &#8482; promising to take Public Financing and  then backing out to &#8216;protect himself from the Vast Right Wing Conspiracy that was going to attack him&#8217;<br />
5) ACORN being implicated in 14 different state election frauds &#8211; being given money in the stimulus </p>
<p>These people no longer care about honesty, transparency, logic, the rule of law, the Constitution or America.</p>
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