AIG

classicman · 05-14-2009, 02:02 PM

I agree that there are some valid arguments supporting pay limits. I am worried about a precedent being set for the Govt. to limit compensation for anyone for any reason.
A free market will self correct and all those people would be outta work right now and their stocks and compensation would be worth zero. Thats what should have happened, IMO.

The best of intentions to limit the top so that the middle or bottom can share more of the pie is a failed theory. I think

05-14-2009, 02:02 PM	#11
classicman barely disguised asshole, keeper of all that is holy. Join Date: Nov 2007 Posts: 23,401	I agree that there are some valid arguments supporting pay limits. I am worried about a precedent being set for the Govt. to limit compensation for anyone for any reason. A free market will self correct and all those people would be outta work right now and their stocks and compensation would be worth zero. Thats what should have happened, IMO. The best of intentions to limit the top so that the middle or bottom can share more of the pie is a failed theory. I think __________________ "like strapping a pillow on a bull in a china shop" Bullitt

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)