New pay restrictions were unveiled Friday for hundreds of top employees at the nation's biggest bailout recipients.
The Czar hath spoken:
Thou shalt not collect cash bonuses, thou shalt accept the halving of thy pay, thou shalt do penance.
The ruling, imposed by White House "pay czar,"Feinberg's actual title is "special master," Kenneth Feinberg, will impact 75 out of the 100 highest-paid employees at four companies - Citigroup (C, Fortune 500), AIG (AIG, Fortune 500), automaker General Motors as well as GMAC.
Here we have an unelected, appointed by the President pay czar limiting pay on a publicly traded company officers. I know they took some bail out money, but they are still publicly traded,Don't think for a minute this administration will stop here!
Never in my life did I think I would see a "Shadow" government directing the affairs of the United States of America. This government is taking over the control of the Banks, The Car companies, Health Care.
Feinberg's actual title is "special master," Does anybody else have a problem with these titles: "Czar" "Special master" I get the feeling I am back in Russia or England when we had "Masters" and "Subjects" the Kings and the others and we have a President who thinks he is a King and not an elected official , one who is trying to "rule" certainly not lead, and for sure he is not the "anointed one."
The craziest thing about this is we have elected officials that are either an accomplice or an accessory. An accomplice is a person who actively participates or An accessory is generally not present at the actual crime, and may be subject to lesser penalties than an accomplice. At any rate we have Congress and the Senate by their acts of omission they are almost as guilty.
I want my constitution back, I want my country back!
Michael Mack An American
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