Friday, September 18, 2009

Fed considers limits on compensation

I guess the federal reserve might be getting some balls in limiting what the richest rich get paid.

It wouldn't, as it says, just limit pay, but would instead examine the risk-taking factor attached to their bonuses and would then determine if that was good for the country or not.

I can hear it now: next joint session someone's going to yell 'Socialist!'

I've got dibbs on Michelle Bachmann.