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The Pay Czar's Power Grab

Brian2580 Wrote: Aug 19, 2009 11:24 PM

You will not find a lot of liberals praising the TARP. You will find some people who are paying attention all over the political spectrum who have a clue as to what we are up against, and recognized the need to do something. It is no accident that both Presidential candidates agreed with the decision as did the current administration. The alternatives were catastrophic failures. There really wasn't any alternative that made sense. You won't find a great number of Liberals who are happy with the budget either. It sucks. The alternatives are far worse. Anyone who denies this is not really a serious person in the debate.

As for astroturf, Gibbs was asked what he thought of the organized effort to undermine healthcare. He was asked...

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The Pay Czar's Power Grab

Pay czar Kenneth Feinberg's official government title is "Special Master for Compensation." You'll be happy to know that he's really getting into the confiscatory spirit of his role. Asked by Reuters whether his powers include reaching back and revoking bonuses awarded to financial industry executives before his office was created earlier this year, Feinberg asserted broad and binding authorities -- including the ability to "claw back" money already paid out.

Regulations governing his office explicitly limit his jurisdiction over contracts signed before Feb. 11, 2009. But the fine print is no obstacle to Obama's czars. "The statute provides these guideposts, but...

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