Quote:
Originally Posted by aklim
You have made two accurate statements. What you may or may not realize is that the popular response gets them a job in the next election, which explains why they do it.
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Yes I realize it.
However I still find it extraordinary that the President can request Congress to enact limits on compensation.
I have no doubt he can get it, as it will be an enormously popular (from a vote-getting viewpoint) position to take.
Doesn't make it right.
What's next, limit the compensation of MD's who receive Medicare payments for procedures?
Baseball players, if the teams receive tax benefits from municipalities?
Hedge fund managers, if the funds handle state and local government investments?
Popular, yes.
Starting on a slippery slope, yes to that as well.