Today Reuters announced that Obama is set to limit executive pay for industries that received bailout money. Note that the article hints that this is the beginning of "a broad effort to overhaul pay practices". Also of note is that this will be popular with "average" Americans. Why would average Americans relish their government limiting the top pay levels for any capitalist entity? This doesn't improve an "average" American's lot in life one bit and in fact tells us that America is the land of opportunity until you make $500K per year then it ceases to be the land of opportunity.
I have started an office pool to predict the date where this policy is extended to other capitalist entities such as those that receive money via government contracts, or how about those that take tax credits from the economic stimulus bill.
Voting has consequences and we have voted in a group of communists that are only beginning to steal our freedoms.
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