Execs Get ‘Fat Cat’ Pay Cap

Obama, Geithner announce limit of $500G on salaries of executives receiving bailout funds | FIRST 100 DAYS

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  1. Ted said

    am February 4 2009 @ 6:41 pm

    While it should go without saying that even a legitimate President’s “ordered” $500,000 pay cap is an unenforceable intrusion into the private sector, as if that weren’t enough, Obama LACKS EVEN OSTENSIBLE AUTHORITY to issue the order UNTIL HE OVERCOMES “RES IPSA LOQUITUR” BY SUPPLYING HIS LONG FORM BIRTH CERTIFICATE AND PROVING HIS ELIGIBILITY TO BE PRESIDENT UNDER ARTICLE 2 OF THE US CONSTITUTION.

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