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Opening Arguments

Business hits

You might be worried that the Obama administration is going to get more and more involved in the private sector, so you might be comforted by these words of reassurance:

Talking tough but stepping gently, the Obama administration rejected direct intervention in corporate pay decisions Wednesday even as officials argued that excessive compensation in the private sector contributed to the nation's financial crisis.

Instead, the administration plans to seek legislation that would try to tame compensation at publicly traded companies through shareholder pressure and less management influence on pay decisions.

They're gonna get the job done, see, but not by direct intervention; they'll get it done through legislation that will give others the ability to have an effect. Feel better already, I'll bet. The organized-crime lord wants you dead, but he's not going to kill you. He's going to hire a hit man. So it's, you know, not personal or anything, so why whine about it?


Bob G.
Thu, 06/11/2009 - 3:51pm

Or...MAYBE, we could appoint a "hit-man" CZAR?


Arthur L
Mon, 06/15/2009 - 5:45am

Excuse me while I cry a while for the overpaid, underperforming and corrupt executives that Leo loves.

tim zank
Thu, 06/18/2009 - 7:29pm

Funny thing is Arthur, without executives you don't have companies, and without companies you don't have jobs. Of course, that's precisely what "The One" and his arsekissing minions (read democrats) want. The state takes care of you from cradle to grave.

Socialist morons.