Thursday, October 22, 2009

Poor Mistreated Executives Might Quit

This has got to make you laugh:

"The Obama administration's decision to cut the pay of top executives at companies on taxpayer life support will help quiet the popular outrage over excessive compensation. But it introduces a new concern: brain drain. The 175 executives targeted by "pay czar" Kenneth Feinberg are not only the highest-paid but also considered among the most talented and productive."

The most talented and productive? At what, driving their companies into bankruptcy while enriching themselves? And now they threaten to leave their companies and go to work for some other company willing to pay them millions to drive their business into ruin while robbing it blind?

If American business can't survive the loss of these 175 worthless thieves, it really is in trouble. Let them go live in Palm Beach or Orange County with their ill gotten gains, and good riddance to them all. Although, Leavenworth would probably be a better place for them.

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