Friday, June 26, 2009

Credit Where Credit is Due

Not that he had any business making such a decision in the first place and I would question the legality of his standing, I have to applaud President Obama's claim that he will not seek to regulate executive pay in private sector business.

Instead, Obama will attempt to influence executive pay by encouraging the shareholders to pressure the board, which is just as it should be. This is one of the first indications of 'policy' that I've seen from Obamadom, which is a nice change from the dictatorial sewage we're accustomed to hearing.

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