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Fausta posted by Fausta vote down flag
faustasblog.com - 28 days ago
Is a Pay Czar constitutional?
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Those of us who are asking whether a “czar”, who is not under Congressional oversight, is allowed under the Constitution to set wages in private industry have an answer by Michael McConnell: The Pay Czar Is Unconstitutional Kenneth Feinberg hasn’t been confirmed by the U.S. ...
online.wsj.com - 29 days ago
Michael W. McConnell: The Pay Czar Is Unconstitutional
— online.wsj.com — MICHAEL W. MCCONNELL Last week's announcement that "Pay Czar" Kenneth Feinberg slashed compensation for executives at seven... large financial firms by an average of 50% stunned Wall Street, stoked the fires of populist resentment, and troubled ... (more) Michael W. McConnell: The Pay Czar Is Unconstitutional

Comments vote down Betsy's Page found this 29 days agofound this
thehill.com - 29 days ago
Geithner rejects $1 trillion limit on bailout power
— thehill.com — In my questioning of Treasury Secretary Timothy Geithner before the Financial Services Committee on Wednesday, I focused... on the new bailout authority included in the 618-page legislative proposal submitted by the Treasury Department. In my opinion, ... (more) Geithner rejects $1 trillion limit on bailout power

Comments vote down Open Left - Quick Hits's RSS Feed found this 29 days agofound this
"TARP on Steroids" (video)
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youtube.com - 29 days ago
"TARP on Steroids" (video)
— youtube.com — At a 9/23/09 hearing, Treasury Secretary Tim Geithner refuses to accept even a $1 trillion cap on... his request for a secret new bank bailout - one more far-re... (more) "TARP on Steroids" (video)

Comments vote down Open Left - Front Page found this 29 days agofound this
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Related: "michael mcconnell" +pay +kenneth, feinberg constitutional
Law Prof Argues Pay Czar Is Unconstitutional — ABA Journal Top Stories
Is the appointment of pay czar Kenneth Feinberg constitutional? Stanford law professor Michael McConnell, a former federal appeals judge, thinks not. In a Wall Street Journal (sub. req.) editorial, McConnell argues that Feinberg’s appointment violates the appointments clause requiring Senate ...
Is The Pay Czar Constitutional ? Umm, No — Below The Beltway
Stanford Law Professor and former Federal Appeals Court Judge Michael McConnell looks at the constitutionality of Obama’s pay czar: [W]ho is [Pay Czar] Kenneth Feinberg, and where did he get the power to set pay for executives at private firms? As part of the hastily enacted and ...
Is the ‘Pay Czar’ Unconstitutional? — WSJ.com: Law Blog
Last week, word broke that the Obama administration’s “Pay Czar,” Kenneth Feinberg (pictured), was slashing compensation for executives at seven large financial firms. Click here for the WSJ story. Amid all the discussion over whether the move was good or bad, overdue or ...