Kevin3913 Wrote:
Jun 03, 2012 8:12 AM
In a perfect, constitutional world, the gov't wouldn't own ANY companies. Since they do, a "Sunshine" rule should be in effect: No pay caps, but CEO/Executive pay is published, by law, so you would have to be hiding under a rock not to know what it is. Part of the problem today is we don't know what these gov't execs are getting unless the "wrong" party is in power (re: the Republicans). Pay caps are bad news, because the natural tendency of gov't is to grow and grab control of as much as it can. Also, with pay caps, the best talent cannot be attracted to these positions (even though, mostly, the postions are mostly political in awarding).