Oct. 8, 2009 8:18 am
The AIG chief gets the first OK for his $10.5 million pay package. Pay Czar - Kenneth Feinberg gave the formal OK for Benmosche's salary. Speaking of Czars - Five constitutional experts told the Senate Judiciary Committee yesterday “that President Obama’s extensive use of policy ‘czars’ is legal — as long as the officials do not overstep their authority.” While millions in pay for companies you and I have paid out is a real and terrible thing, the whole business of attacking presidential advisors who have been called "czars" since the Andrew Jackson administration in the 1830s. This are just more Republican efforts to change the topic.
My wife and I saw Michael Moore's Capitalism: A Love Story.
I favor Democracy but I have little use for Capitalism, especially Predatory Capitalism.