Friday, October 23, 2009

Chicken-little governance comes with a steep price tag

David Harsani at Townhall.com:

If TARP recipients are under the thumb of a pay czar, what about other corporations consenting to Washington aid or accepting contracts -- a group that grows with each misguided stab at stimulating the economy? And why stop there? Why not make all compensation fair?

"I don't think that's healthy, and I don't like it," Camden Fine, president of the Independent Community Bankers of America, said of the pay czar's cuts. "These are decisions for boards of directors to make, not the government. I think this is a very slippery slope."

No comments: