NYT- Obama to limit ALL EXEC pay- ALL? USA-SSR. The end of America

NEW YORK TIMES SUNDAY MARCH 21, 2009
The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said.

The outlines of the plan are expected to be unveiled this week in preparation for President Obama's first foreign summit meeting in early April.

Officials said the proposal would seek a broad new role for the Federal Reserve to oversee large companies, including major hedge funds, whose problems could pose risks to the entire financial system.

It will propose that many kinds of derivatives and other exotic financial instruments that contributed to the crisis be traded on exchanges or through clearinghouses so they are more transparent and can be more tightly regulated. And to protect consumers, it will call for federal standards for mortgage lenders beyond what the Federal Reserve adopted last year, as well as more aggressive enforcement of the mortgage rules.

The administration has been considering increased oversight of executive pay for some time, but the issue was heightened in recent days as public fury over bonuses spilled into the regulatory effort.

I had thought to start a new software company with a new direction and idea, but there won't be much point if the govt establishes the principle IT can arrogate what my idea can do for me, those I work with, and if this idea is very successful, major and future managers and part owners.

If this is not shot down immediately, then what would we be fighting the war on terror for, again? The right of a federal govt to own me? Own my potential? Own yours?

Barack Obama, if this is true, not only has no right to the office, he is a danger to the republic as it was founded.

Anyone running around thinking, 'well this will never affect me, this is about the head of GM' is in denial. This govt is trying to establish they have the RIGHT to decide what you can achieve, what your mind, your effort, and your thought is worth.

This idea, this principle, if TRUE as the NYT states, is as destructive to this republic as ANY IDEA the alien freaks of Al Qaeda, Shia Islam, the Muslim Brotherhood, or KSA ever wanted.

This idea that the govt has the right to determine ANYONE'S (non govt) pay is TREASON.
In the administration they will belittle opposition, as the hysterical rantings of those who say no to progress, so it is essential that THEY be identified as corrupt looters whose power hungry, self enriching, tainted inner compulsions are ANTI-AMERICAN. The ENEMY will seek to frame this as if they are protecting the many from the few, but they are only protecting themselves from Americans. IF THIS IS TRUE.

I guess then I am with the REVOLUTIONARIES:

"the idea is unfounded that on entering into society
we give up any natural right".

"The right to procure property and to use it for one's own enjoyment is essential to the freedom of every person, and our other rights would mean little without these rights of property ownership. It is also for these reasons that the government's power to tax property is placed in those representatives most frequently and directly responsible to the people, since it is the people themselves who must pay those taxes out of their holdings of property. "




"All men are born free and independent, and have certain natural, essential, and unalienable rights, among which may be reckoned the right of enjoying and defending their lives and liberties; that of acquiring, possessing, and protecting property; in fine, that of seeking and obtaining their safety and happiness. "













"nothing is more common than for a free people, in times of heat and violence, to gratify momentary passions, by letting into the government, principles and precedents which afterwards prove fatal to themselves."














This nation was founded in revolution over tax, which is to say,, PROPERTY RIGHTS.
Every single person who voted for this administration must now think carefully if they want the America of Jefferson or the America of Obama.

They are not the same place.

The strike is coming. The looters must be seen naked.

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