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ratilfarfollowshare
10-23-2009 8:47 AM
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ratilfar says:
But none of that stopped right-wing critics of Obama's alleged march to totalitarianism from piling on. "This is fascism," Rush Limbaugh burbled on his radio show. "They're still privately owned, but they're being run by who? Not even Obama, we're told. The freaking pay czar, who doesn't even have to tell Obama what he's doing. So he doesn't have to stop at the execs; he can limit the pay of the janitors. He can limit the pay of anybody he wants, and pretty soon it's gonna spread beyond companies that took TARP money." Fox News posted a lengthy article wondering whether Feinberg even had the legal power to set the pay caps, though there's broad agreement elsewhere that he does. "If bankers don't challenge this, if they supinely accept it out of fear of what the government will do if they do challenge ... then you have a nation of sheep," Fox's legal analyst, Andrew Napolitano, said.
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10-23-2009 10:38 AM
Steve Savage
This is fascism," Rush Limbaugh burbled on his radio show. "They're still privately owned, but they're being run by who?
This is not fascism; it is fairness. Wall Street is a Debtor to the American people and, as such, has a responsibility to answer to WE THE CREDITORS.

Victor Hugo has said that, "A creditor is worse than a slave-owner; for the master owns only your person, but a creditor owns your dignity, and can command it."

For the time-being, we own the dignity of the Wall Street Bankers, and our government has every right to oversee how the Taxpayers money is to be spent.

The Bail-Outs were not a no-strings-attached donation. The moment Wall Street accepted the money ...
10-23-2009 10:53 AM
ratilfar
I agree, take the money, take the regulation.
10-24-2009 5:00 AM
darkeforce
Amen.
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