The Obama administration is considering capping the wages not just for the companies that took bailout money. Oh no why would they stop there? Here is the story Financial Week web site and a great write up on it here at Hotair. Pay close attention where it says that " Mr. Frank seems to be in synch with the Obama administration in his plans for executive compensation."
These jerks won't quit until they can tell every man and woman in this country how much they can make and how much of that they can keep. Someone better step up soon and cry bull@*?% and stop these socialist/marxists in their tracks.

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May 13th, 2009 - 13:15
I think that we should cap all salaries. I think that the highest paid person in a company shouldn’t make more than 10% more than the lowest paid person. So if the lowest paid person is making 20,000 then the highest paid person shouldn’t be able to make more than 200,000. If the lowest paid person is making 30,000 then the highest paid person shouldn’t make more than 300,000. I think this is extremely fair and reasonable.
May 28th, 2009 - 22:33
It’s not up to our government to determine what’s “fair and reasonable”. As a matter of fact our government wouldn’t know what was “fair and reasonable” if it bit them in the a##. In a free country the government has no right to determine what anyone should make. Price and wage controls have never worked and never will. When a citizen gives up, or has the government take away from them the right to determine their own worth as an individual in the marketplace he or she will never get it back. Our children will never be able to enjoy the freedoms that you, I, and the generations before us have enjoyed. We will be royally screwing them. Think about it.