Democrats are finally getting attuned to the outrage being felt across the country over big CEO compensation and the protected status of the health insurance industry. Democrats in the House and Senate are moving ahead with legislation to remove the anti-trust exemption from the health insurance companies, which they've held since WWII. Once enacted (and it's received bipartisan support in the House), the Feds can go after the crooks for "price fixing, bid rigging and market allocation." Also, the Obama Administration is going to order pay cuts averaging 90% (!) for the top 25 executives in each of the seven companies that received government bailout monies in the past year. This includes AIG, Bank of America, Citigroup, GM, GMAC, Chrysler, and Chrysler Financial.
Now THAT's what we're talking about!
Of course, there are some who remain clueless.
No comments:
Post a Comment