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Thread: Dismay on Wall Street over Obama pay cap

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    Dismay on Wall Street over Obama pay cap

    Wall Street is not happy about Obama's pay cap provision in the welfare money that they are receiving from the Government. Says Patrick O'Hare, "The salary limit is "still a hefty sum to be sure, and the spirit of the order certainly has popular appeal, but it's a slippery slope when the government puts restrictions on how much an individual can earn in the private sector".

    To this statement, I answer, who said that this is now the private sector? You are begging for and accepting government money, and since that money belongs to the taxpayers, it is now the public sector for all those welfare loafers who choose to ask for it and accept it. And guess what else? When you choose to be a welfare loafer, instead of pulling your own weight in society, you have to abide by the rules of receiving welfare. No lavish parties, no big bonuses, no golden parachutes, and no big salaries. YOU ARE ON WELFARE, and this is not going to be business as usual. You can't have it both ways. Your exorbitant lifestyles are no longer acceptable when you choose going on welfare over being a productive member of society. Live with it.

    Article is here.
    Last edited by danarhea; 02-05-09 at 06:03 PM.
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    Re: Dismay on Wall Street over Obama pay cap

    Quote Originally Posted by danarhea View Post
    Wall Street is not happy about Obama's pay cap provision in the welfare money that they are receiving from the Government. Says Patrick O'Hare, "The salary limit is "still a hefty sum to be sure, and the spirit of the order certainly has popular appeal, but it's a slippery slope when the government puts restrictions on how much an individual can earn in the private sector".

    To this statement, I answer, who said that this is now the private sector? You are begging for and accepting government money, and since that money belongs to the taxpayers, it is now the public sector for all those welfare loafers who choose to ask for it and accept it. And guess what else? When you choose to be a welfare loafer, instead of pulling your own weight in society, you have to abide by the rules of receiving welfare. No lavish parties, no big bonuses, no golden parachutes, and no big salaries. YOU ARE ON WELFARE, and this is not going to be business as usual. You can't have it both ways. Your exorbitant lifestyles are no longer acceptable when you choose going on welfare over being a productive member of society. Live with it.

    Article is here.
    They are lucky he doesn't make them work for minimum wage.
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    Re: Dismay on Wall Street over Obama pay cap

    Quote Originally Posted by danarhea View Post
    Wall Street is not happy about Obama's pay cap provision in the welfare money that they are receiving from the Government. Says Patrick O'Hare, "The salary limit is "still a hefty sum to be sure, and the spirit of the order certainly has popular appeal, but it's a slippery slope when the government puts restrictions on how much an individual can earn in the private sector".

    To this statement, I answer, who said that this is now the private sector? You are begging for and accepting government money, and since that money belongs to the taxpayers, it is now the public sector for all those welfare loafers who choose to ask for it and accept it. And guess what else? When you choose to be a welfare loafer, instead of pulling your own weight in society, you have to abide by the rules of receiving welfare. No lavish parties, no big bonuses, no golden parachutes, and no big salaries. YOU ARE ON WELFARE, and this is not going to be business as usual. You can't have it both ways. Your exorbitant lifestyles are no longer acceptable when you choose going on welfare over being a productive member of society. Live with it.

    Article is here.
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    Re: Dismay on Wall Street over Obama pay cap

    Quote Originally Posted by independent_thinker2002 View Post
    They are lucky he doesn't make them work for minimum wage.
    You just gave me an idea. Boot out all the illegal aliens, and make the corporate welfare loafers do THEIR jobs.
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    Re: Dismay on Wall Street over Obama pay cap

    Quote Originally Posted by danarhea View Post
    To this statement, I answer, who said that this is now the private sector?
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    Re: Dismay on Wall Street over Obama pay cap

    I doubt they'd have any problems finding competent executives with the cap. Hopefully, the days of living on high the hog are gone, and the disparity of pay between CEO and grunt have closed in. No one should make 20 x or more than anyone in a corporation... not even Steve Jobs.

    Kudos to Obama and his admin. for adding these provisions.
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    Re: Dismay on Wall Street over Obama pay cap

    Quote Originally Posted by Middleground View Post
    I doubt they'd have any problems finding competent executives with the cap. Hopefully, the days of living on high the hog are gone, and the disparity of pay between CEO and grunt have closed in. No one should make 20 x or more than anyone in a corporation... not even Steve Jobs.
    That's not up to you. Not in a world where privacy and freedom mean anything, anyway.
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    Re: Dismay on Wall Street over Obama pay cap

    Ya know what pisses me off? With all the wall streeters crying free market this and that.I have to keep 25k in my day trading account. How many average people have that much cash on hand. Freemarket? Well only for the rich.

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    Re: Dismay on Wall Street over Obama pay cap

    Quote Originally Posted by Harshaw View Post
    That's not up to you. Not in a world where privacy and freedom mean anything, anyway.
    When you accept welfare money, you are no longer as free as you want to be. With welfare comes rules. If they don't want curbs placed on their freedoms, all they have to do is quit asking the government to support them.
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    Re: Dismay on Wall Street over Obama pay cap

    Quote Originally Posted by Harshaw View Post
    That's not up to you. Not in a world where privacy and freedom mean anything, anyway.
    The word "cap" is in "Capitalism."
    “No men are anywhere, and I’m allowed to go in, because I’m the owner of the pageant and therefore I’m inspecting it,” Trump said... “‘Is everyone OK’? You know, they’re standing there with no clothes. ‘Is everybody OK?’ And you see these incredible looking women, and so I sort of get away with things like that.”

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