Obama Eyeing Control Of CEO's Compensation By the Government...
by: Les Carpenter Rational Nation USA Liberty -vs- Tyranny The President is interested in dictating CEO's compensation. Government control of salary rather than market determination. First the CEO and executives of companies. How long one wonders before this President and his progressive dEmocrat party comes after salaries of the next echelon of managers. And so on. Remember, socialism takes many forms. One is called fascism. Like communism it subjugates the individual and individual initiative and success to the "collective good" of society. Or put another way what an all powerful government by the few decides is good. WASHINGTON (Reuters) - President Barack Obama said in an interview released on Thursday that the next important step for making the financial sector safer is to make sure executive pay is less closely tied to risky bets. In an interview to be published on Friday in Rolling Stone magazine, Obama said that despite passage of Dodd-Frank financial ...