Eugene David
...The One-Minute Pundit

Friday, October 23, 2009


Con-SER-va-tives are FURIOUS over His Omnipotence's pay dictatorship. We repeat, the government should not dictate corporate salaries. That said, these banking cretins were prepared to use Uncle Sucker as their backstop, and they had this revenge coming from the moment they peddled their toxic paper and larcenous loans. Yes, they may find a way around the strictures; but I wouldn't be surprised if the salaries make no difference in the competence; if anything, lower salaries might actually mean better management, as the managers won't be thinking of their godforsaken GREED first. It further behooves con-SER-va-tives to remember that so much of "business" is de facto socialized anyway.

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