Saturday, October 24, 2009

Bailouts and Bonuses - Executive Suite Blog -

Excessive executive pay and bonuses for companies eager to accept taxpayer supported financial bailouts, should indeed be closely monitored.

Beyond that, the Federal government should keep their hands off, and nose out of private sector business activities in this country.

Bailouts and Bonuses - Executive Suite Blog -

One final note relevant to this issue. In all fairness, on the subject of monitoring executives pay and bonuses, seems only right everyone should pitch in and do their part during these economic hard times.

My thinking is, if private sector executives should be forced to hold the line on outlandish monetary benefits--seems only fair, Senators, Congressmen and other government officials, should be limited in the amount of kick-backs they are allowed to receive for using their votes on favorable legislation to big-time contributors, like unions and other lobbyist groups.

As my parents used to say, and they were rarely ever wrong--'Whats good for the goose, is good for the gander!'

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