We have a pay Czar in Washington, to go with all the other so-called pleasant changes we will have to get accustomed to. He will see that companies that took bailout money from the government are not paying executives too much salary and bonuses.
After all, it is taxpayer money. Why should those millionaires be making even more millions? Right?
So, this gentleman is actually renegotiating employee contracts already signed in good faith because they have worked out too well for the executives.
I have a suggestion. Every ball club these days with a stadium is directly or indirectly subsidized by taxpayers, many with federal stimulus money. Ball players make millions. Most never produce as intended when signed. Why not have this gentlemen renegotiate their contracts?
I do think ball players are overpaid. I also think that should be a question for those who pay them and those who attend games. Not a Washington politician and his or her appointed lackey.
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