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Post by mattamatt on Apr 2, 2009 17:46:51 GMT -5
www.washingtonexaminer.com/politics/Beyond-AIG-A-Bill-to-let-Big-Government-Set-Your-Salary-42158597.htmlWhy is Congress pointing the finger at Executives when it appears as if our elected officials may be the one’s that are enriching themselves at the expense of taxpayers. In 2007 Obama’s net worth had increased from 700k to 4.7 million dollars and he now has a $400k a year salary and all of his expenses paid. Sen. Hillary Clinton's average net worth, adjusted for inflation, grew from negative $6 million to $30.7 million between 2000 and 2006. Sen. John McCain of Arizona reported a $27.6 million surge in his average net worth from 1995 to 2006. Senator Dodd’s net worth was $101,000 in 1967 and in 2007 was 1.5 million but is now over $3.5 million. Our congress expressed such outrage and distain for a measly $165 million dollars in bonuses to executives (many of which agreed to a salary of $1 for the year) when Congress’s collective net worth is around 3.6 billion dollars. So why don't we propose legisaltion that will put Congress on a "Pay For Performance" plan?
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Post by mitchell on May 21, 2009 19:46:39 GMT -5
I have no problem with someone who earns millions. But I'll wager that if these politicians had their income audited, most couldn't withstand the scandal.
A good indication of their attitude is Congressional exemptions. Americans don't realize how often laws are passed that restrict the common citizen while Congress is exempted.
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Post by USA50 on Aug 12, 2009 15:27:35 GMT -5
What particular problem do you have with the earned income of the government officials you mention? Looks like everybody but McCain himself earned theirs, especially without the benefit of selling beer.
If the government 'owns' a company because that company needed government bailout to keep it from tanking the entire economy, they can set performance standards. Besides that, what kind of problem do you have with them having such a standard? The officials you mentioned do not have their govenrment income rise by 200% over business cycles. This comparison is not at all logically connected.
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