Pot – Kettle – Black

So I see that our illustrious congressmen / congresswomen are going to haul some bank executives to capitol hill and grill them regarding their high paychecks. I am sure John Q Public will be cheering on the sidelines. After all, how DARE these CEOs collect multi million dollar salaries and bonuses while the mortgage industry is in crisis !

So like the oil company execs who have to literally apologize every time the price of oil goes up and the company makes a few billion, congress is now going to look into the salaries of the banking executives.

The sheer GALL of this strikes me absurd! I have just one question. How is the Federal Government doing? By any measure – financial, productivity, pick any one. Now shall we start talking about “pay for performance”? The country is $10 TRILLION in debt and the congress and senate keep voting themselves raises year after year. How come no one is hauling them to answer before self appointed committees?

And to the John Q Public – my answer is simple. This is America. If you want to earn millions being a CEO, NO ONE is stopping you. This is just jealousy, pure and simple. If the execs are to be held accountable they need to be held accountable at a shareholders meeting. NOT on capitol hill.

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