Posted by
Laura L. Hollis, JD on Sunday, October 25, 2009 3:34:39 PM
For those who thought this week's column on Townhall.com was "over the top," check out
this editorial from
National Review Online which discusses Obama's pay czar Kenneth Feinberg, and the Left's desire for control over executive pay
:
"If this were simply a case of politicians’ grandstanding upon the misfortunes of seven deeply troubled firms, that would be one thing. If the ruins of General Motors are the rooftop from which you wish to shout your critique of capitalism, the very best of Motor City luck to you. But the Democrats wish to see these czarish pretentions extended over most of the American economy. Senator Schumer, the New York grandee renowned for his ability to squeeze campaign money out of Wall Street, wishes to see Mr. Feinberg’s pay restrictions extended to every publicly traded company in America: not every financial company, mind you, not every TARP recipient, not every bailout basketcase, but every single American company with shares trading on an exchange. Those aspirations are authoritarian, and remarkably so."
No kidding.