youtube.com - 2/5/2009
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President Obama's executive pay cap for companies that receive federal funds is the first step to retain control of bailout money. Jeff Glor reports.
abcnews.go.com - 2/10/2009
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abcnews.go.com —
The following is a transcript from ABC News'
Terry Moran's interview with President Obama. The president discussed...
his economic recovery plan with Moran in Fort Meyers, Fla., today. Watch the exclusive interview tonight on "Nightline" at 11:35 ET . ...
(more)
Obama: No 'Easy Out' for Wall Street
ft.com - 1/30/2009
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ft.com —
President Barack Obama lashed out on Thursday at
“shameful” Wall Street executives for claiming billions of dollars...
in bonuses while their stricken institutions asked taxpayers for support. Mr Obama was responding to a report showing that financial ...
(more)
FT.com / US & Canada - Obama slams Wall Street over ...
andrewsullivan.theatlantic.com - 2/9/2009
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andrewsullivan.theatlantic.com —
Paul Krugman , who wants a partisan war
on the GOP, and Matt Yglesias , who thinks...
that bipartisanship's impossible in the modern era, and Tina Brown , who thinks there's no longterm downside to Democratic ownership of hefty social ...
(more)
The "Bipartisan" Backlash
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ABC: Obama Is Hypocritical For Limiting Wall Street Pay While Having A ‘Lavish Lifestyle’
Think Progress —
Yesterday, President Obama instituted a pay cap on bailed out businesses after it was revealed that Wall Street doled out an estimated $18.4 billion in bonuses last year. “If the taxpayers are helping you, then you’ve got certain responsibilities to not be living high on the hog,” he explained.
In what appears to be an attempt to call Obama a hypocrite, ABC’s Scott Mayerowitz “reports” today that the President also has a “lavish lifestyle.” Under the title: “Obama’s Perks: Private Jet, Chef Tax-Free,” ABC notes that Obama earns $400,000 dollars a year and even has a private jet: ...
Does Obama Have The Guts To Nationalize The Failed Banks?
DownWithTyranny! —
The average American CEO makes hundreds of times more than what the average worker his company employs makes-- if we can even be sure what the crafty CEO really makes. The average big company CEO in the U.S. also makes far more than the average comparable CEO in any other industrialized country. Nobody beats the U.S. when it comes to the difference in pay between CEOs and the average worker. In 2000, on average, CEOs at 365 of the largest publicly traded U.S. companies earned $13.1 million, or 531 times what the typical hourly employee took home. The corresponding ratio in 1980 was only 42, and in 1990 ...
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