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	<title>My Rants &#187; Salary</title>
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	<description>I have an opinion and I know how to use it!</description>
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		<title>CEO&#8217;s on Welfare Need Salary Cap</title>
		<link>http://myrantsblog.com/2009/02/06/ceos-on-welfare-need-salary-cap/</link>
		<comments>http://myrantsblog.com/2009/02/06/ceos-on-welfare-need-salary-cap/#comments</comments>
		<pubDate>Fri, 06 Feb 2009 04:36:09 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Corporate Welfare]]></category>
		<category><![CDATA[Financial Rants]]></category>
		<category><![CDATA[Bailout]]></category>
		<category><![CDATA[Salary]]></category>

		<guid isPermaLink="false">http://myrantsblog.com/?p=65</guid>
		<description><![CDATA[I didn&#8217;t vote for President Obama, not because of ethnicity or party affiliation, but because I didn&#8217;t believe he was the best choice for America.  On the other hand, I wasn&#8217;t entirely convinced McCain was any better.  In any case, he is our president, and because he is, I will pray for him and hope [...]]]></description>
			<content:encoded><![CDATA[<p>I didn&#8217;t vote for President Obama, not because of ethnicity or party affiliation, but because I didn&#8217;t believe he was the best choice for America.  On the other hand, I wasn&#8217;t entirely convinced McCain was any better.  In any case, he is our president, and because he is, I will pray for him and hope for his success.</p>
<p>The president has a huge job in front of him in cleaning up the economic mess.  I&#8217;m not sure I agree with the government establishing salary caps for CEOs of private corporations, but I do think that corporations receiving welfare cannot continue business as usual.</p>
<p>Companies that are on the dole are no longer responsible just unto themselves, but also to the American taxpayers.  I think that a cap of $500,000 is quite fair for welfare recipients.  Once they pay back the bailout, then they can once again rake in lavish salaries.</p>
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