Obama Wants To Regulate CEO Pay…

… Wait, not Obama.  I mean McCain wants to regulate CEO pay:

“Americans are right to be offended when the extravagant salaries and severance deals of CEOs … bear no relation to the success of the company or the wishes of shareholders,” he will say, adding that some of those chief executives helped bring on the country’s housing crisis and market troubles.

“If I am elected president, I intend to see that wrongdoing of this kind is called to account by federal prosecutors. And under my reforms, all aspects of a CEO’s pay, including any severance arrangements, must be approved by shareholders,” he will say.

There you have it.  We have a choice between two Marxist in November.

Advertisements
Published in: on June 11, 2008 at 2:27 pm  Leave a Comment  
Tags: , , ,

The URI to TrackBack this entry is: https://theoldright.wordpress.com/2008/06/11/obama-wants-to-regulate-ceo-pay/trackback/

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: