Nemo me impune lacessit

No one provokes me with impunity

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No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.

Article 1, Section 9, Constitution of the United States

If this is the law of the land...why in a republic (little r) and as republicans, do we allow mere POLITICIANS to the right to use a "title of office" for the rest of their lives as if it were de facto a patent of nobility. Because, as republicans, this should NOT be the case...just saying...

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Friday, October 23, 2009

The March To Government Economic Control Marches On

Mr. Obama has decided that bankers and financial leaders make too much money so his administration will force those banks that idiotically accepted TARP money to cut executive pay by 90%.
As many as 25 executives at seven corporations that received the largest chunks of federal money will see their compensation cut by about half on average, according to the Washington Post. Cash salaries will be cut by about 90 percent compared to last year.
The administration's "pay czar," Kenneth R. Feinberg, will also slash some executive perks, including the use of corporate jets, chauffeurs, and country club fee reimbursement.
This is a vast overreach into the economic sphere that no President has ever dared to go. Yet this President has dared much. He has seized 2 of the three domestic automobile manufacturers and illegally parcelled out huge chunks of stock to his allies in the UAW in contravention of Federal Bankruptcy Statutes. His next bit is to seize control of another 1/6th of the economy by nationalizing the health care industry...when will it end?

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