Saturday, March 21, 2009

Obama: anti-American business or worse?

What the f**k? Where the h**l are we living? I mean - what country are we in, Venezuela? Sorry, Hugo. Have we just moved to the defunct former Soviet Union - the CCCP? Even they get it with an income tax rate of 13%. From Drudge, "Obama will call for increased oversight of 'executive pay at all banks, Wall Street firms and possibly other companies'..." Here's the news written by Stephen Labaton, Administration Seeks Increase in Oversight of Executive Pay. Just in case you are cheering, let me inform you that the only working Americans who suffer from more regulations are WE, the little guys. The idea of the Federal Government going in to regulate the salaries and benefits packages of the chief executives of major companies is CRAZY and probably unconstitutional - not that this administration cares about that. If I were on the Board of Directors of a major US company, you know what I'd be doing? Moving out of this country and taking my jobs with me. A 35% tax on corporate income; outrageous benefits that cost a fortune forced upon the corporation! Move - you betcha until the United States government/Congress can get a grip on its megalomanical delusions of Supreme Power. Sorry, that train left the station and the boat sailed when this 111 Congress passed the 1.3 TRILLION dollar (with interest) Stimulus - pay off your Democrat political supporters with tax dollars - Rip Off Bill signed by the President of Punishment. I don't know why the tobacco companies still operate here. They can grow tobacco elsewhere and make a fortune just selling to the Chinese; they don't need our market or our lawsuits. Class-envy has worked for the Democrat Party for some time now but that will change as more Americans see themselves being punished for trying to get ahead and see their industries folding because the cost of doing business here is just not good business. Glad Obama is on our side, right?


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