The effrontery is utterly astonishing. Government, it now appears to be clear, is moving to take command of as many aspects of the economy as possible–all without any track record whatsoever that would give one confidence that government can, indeed, command the economy to anything resembling prosperity. In what parallel universe is it Congress’s business concerning what any company–let alone those that do not take federal bailout money–pay their executives?
I hope that this is a joke. If it is not, a comedy of errors–absent the comedy–will ensue quite soon. This entire enterprise is as insane as is asking a shoe cobbler to perform a quadruple bypass. The federal government is moving to meddle with things it does not understand.