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The world-famous Internet site of the Nationally Syndicated Neal Boortz Show!
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Listen: Weekdays 8:30-1pm ET
Posted: 8:16 a.m. Thursday, Oct. 29, 2009
By Neal Boortz
One of the first things you learn in Economics 101 is that there is no such thing as a free lunch. Well when it comes to healthcare, Barack Obama is offering free breakfast, lunch, dinner and dessert.
Our pay czar says that he doesn't want broader powers over the rest of the financial sector.
Speaking of pay czars, just one year ago, would you have believed that an unelected government official, not even a Cabinet member confirmed by the Senate but simply one of the many "czars" appointed by the President, could arbitrarily cut the pay of executives in private businesses by 50 percent or 90 percent?
Could Washington's plans to rein in executive salaries eventually result in even higher executive pay?
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