“The Constitution does not give the Congress the authority to set wages”
April 3, 2009 by admin
Filed under Mortgage Mess
I am a not huge fan of Neal Cavuto, but I’m with him 100% on this one:
How much of our freedom are we planning to sacrifice in the name of “saving the economy”? We are liable to find that at this rate we will lose both our freedom and our economy.


I really have issue with this. First and foremost Congressman Grayson says that the executives are “ripping off the taxpayers”. As a taxpayer I must say that I was not “ripped off” by the execs, I was ripped off by the federal government when they, not me decided to give the money to these failing companies. The market itself punishes bad business practices. The government intervention is preventing these consequences. If there had been no intervention from the government there would have been no bonuses!!
Now the “need” for more regulation is ridiculous. We got into this situation because the federal government gave this money knowing that these contracts to execs existed and did not put any restrictions regarding bonus pay. Now they want open ended legislation again???? Wasn’t this the problem when they gave the money the first time? You would think that they would want things spelled out and clearly defined…
This whole thing is ridiculous and this administration and Congress keep throwing money at sinking ships while, being a small business owner, if I make stupid mistakes I actually suffer the consequences. Go figure…action=consequence…
I really have issue with this. First and foremost Congressman Grayson says that the executives are “ripping off the taxpayers”. As a taxpayer I must say that I was not “ripped off” by the execs, I was ripped off by the federal government when they, not me decided to give the money to these failing companies. The market itself punishes bad business practices. The government intervention is preventing these consequences. If there had been no intervention from the government there would have been no bonuses!!
Now the “need” for more regulation is ridiculous. We got into this situation because the federal government gave this money knowing that these contracts to execs existed and did not put any restrictions regarding bonus pay. Now they want open ended legislation again???? Wasn’t this the problem when they gave the money the first time? You would think that they would want things spelled out and clearly defined…
This whole thing is ridiculous and this administration and Congress keep throwing money at sinking ships while, being a small business owner, if I make stupid mistakes I actually suffer the consequences. Go figure…action=consequence…
admin’s last blog post..Disney’s Cars Quilt
State Geologist of ArizonaGreat post in red! ,