On Feb 6, 2009, at 1:50 PM, Roger Howard wrote:

> It's like when McCain went after pork barrel spending in the campaign,
> highlighting a million dollar study into the sex lives of bears (or
> something) or a projector for a children's exhibit at observatory - no
> context whatsoever, but they picked on the projects because he could  
> make
> them sound wasteful or silly.

The Republicans, by  opposing the notion of salary caps for executives  
of failed banks, have  revealed themselves to be too politically tone  
deaf to live.
<http://www.huffingtonpost.com/2009/02/06/gop-opposes-pay-limits-on_n_164544.html
 
 >

Some for the repubs statements show that they just don't get it:

""What executives have done is troubling, but it's equally troubling  
to have government telling shareholders how much they can pay the  
executives," said Sen. Mel Martinez (R-FL).
Sen. James Inhofe (R-OK) said that he is "one of the chief defenders  
of Obama on the Republican side" for the president's efforts to reach  
across the aisle. But, said Inhofe, "as I was listening to him make  
those statements I thought, is this still America? Do we really tell  
people how to run [a business], and who to pay and how much to pay?"

It's as if these politicians just can't wrap their heads around the  
notion that the banks failed, the the shareholders lost their equity  
and that there is a bail out at all. As the article points out, some  
of the same repubs who have been advocates for very strict  
requirements for other welfare recipients oppose any requirements on  
bank executives.



Republicans don't seem to understand  capitalism at all.

--
Egotism is the anesthetic that dulls the pain of stupidity.
-Frank William Leahy, football coach (1908-1973)

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