The latest update on what the Obama Administration has planned for businesses:
Obama is calling for, “increased oversight of executive pay at all banks, Wall Street firms and possibly other companies…”
Marx’s class struggle at it’s purest. And effective government seizure of privately owned companies going on to boot. Not to mention plans for extensive use of the military inside of the nation’s borders.
So at this point the basic difference between President Obama and Hugo Chavez is…?
Hyperbole much?
This is another example of how liberal isn’t a dirty word any more, so cons have to try and up it to socialist.
Just goes to show they don’t understand either nor what corporations are.
Corporations are entities, licensed by the state, that give the owners limited liability.
Corporations are a privilege, not a right. Dismissing corporations would not violate right of assembly because one could still form partnerships but with liability.
Therefore, state regulation of corporations is completely justifiable. Just like driving and car searches.
Furthermore, much of the compensation recommendations are to give shareholders more say, not less. Currently, it is hard for individual shareholders to have any say in executive compensation, nor is the compensation publicized so shareholders can comment on it.
Bush tortured and suspended Habeus. Cheney gave out a whole mess of no-bid contracts. HC is accused of similar. Has Obama? Seems to me that Bush & Cheney and *all the Republicans that supported them* are closer to HC than Obama.
Why don’t you take a couple days so you can learn what you are talking about.