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Posted: 8:41 a.m. Tuesday, Aug. 25, 2009
By Neal Boortz
Besides the healthcare debate, Washington is also figuring out how to handle large executive salaries at companies that received bailout money. Not only do we have our pay czar Kenneth Feinberg; but Obama's press secretary Robert Gibbs decided to chime into the debate. Baby Huey says, "I don't think the American people begrudge that people make big salaries, as long as they're not jeopardizing the good will of the public in doing so."
Oh, isn't that just so sweet! It's OK with the American people if private companies pay their executives big salaries ... but they need to make sure that they keep the good will of the public along the way. Fine .. so how do we determine whether or not a particular company still enjoys the public's good will? Does some political hack figure that out for us and let us know? Hardly. The public votes with their pocketbooks. If they feel good about the company, they become customers. If they don't, they don't. It is not for the government to decide.
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