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News item: "The Obama administration plans to appoint a "Special Master for Compensation" to ensure that companies receiving federal bailout funds are abiding by executive-pay guidelines, according to people familiar with the matter."
I hope they start with Fannie Mae, Freddie Mac and the Congressional staff members. They have no business messing around in the provate economy.
We need 4 Constitutional amendments: 1. Term Limits - limit all Congresspersons to 12 years lifetime of service in either or both houses. 2. Balanced Budget 3. Tax reform that repeals the 16th Amendment, eliminates income, estate and capital gains taxes and implements a consumption oriented tax system. 4. Congressional Integrity - (a)All bills must be available to the public for 7 days before a vote; (b)every ...more »