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The Biggest American Business

I have a column at American Issues Project about what might happen if people treated government as they do corporations.

From the time Barack Obama was sworn into office he made Corporate America one of his favorite targets. In February, President Obama announced new restrictions to cap pay at $500,000 for executives of companies receiving federal bailout funds. He said he was taking action to stop the "culture of narrow self-interest and short-term gain" at the expense of taxpayers, and to take the "air out of golden parachutes."

"This is America. We don't disparage wealth," Obama said. "But what gets people upset, and rightfully so, is executives being rewarded for failure, especially when those rewards are being subsidized by U.S. taxpayers."

If people are upset, and rightfully so, by executives being rewarded for failure with taxpayer dollars, might they be just as upset when those being rewarded are not executives, but politicians?


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Comments (4)

"...might they be just as u... (Below threshold)
GarandFan:

"...might they be just as upset when those being rewarded are not executives, but politicians?"

Bite your tongue! Next thing you know, people will get pissed off when politicians lie to them. Or will they? Case in point, Obamabots.

"This is America. ... (Below threshold)
LaMedusa:
"This is America. We don't disparage wealth,"

True. Especially if they can take away yours and give it to someone richer.

"culture of narro... (Below threshold)
914:

"culture of narrow self interest, and short term gain"

This explains His rise to the White House precisely.

"But what gets peo... (Below threshold)
marc:
"But what gets people upset, and rightfully so, is executives being rewarded for failure, especially when those rewards are being subsidized by U.S. taxpayers."
Agreed, the "executives" that run the gov, who continue to reward themselves via self-imposed pay raises, get people DAMN upset by their failures.

And as barack hussein obama stumbles from one "crisis" to another the opposition party is gaining strength.

The reps have gained a 12-point swing on the economy, a 10-point swing on national security, an 11-point swing on taxes. The "death" of the rep party is greatly exaggerated.

"This is America. We don't disparage wealth," Obama said.

That's certainly a debatable, but one thing is perfectly clear, obama and many others have taken great pains to disparage the "little guys," "bigger guys" and the "biggest guys", of both partys, who took part in the Tea Parties on Apr, 15th.




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