Beyond the pale.
[IHT] The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said.
One can be outraged all they want about AIG bonuses, et. al., but having the government determine how much or by what measure a private sector executive should be paid is beyond ridiculous and is not even rational. It’s outrageous. It certainly isn’t anything remotely near what our country was founded upon. And, need one be reminded, the government can’t even keep track of IT’S OWN FINANCES (i.e. your hard-earned taxed earnings), let alone someone else’s.
