Friday, June 5, 2009

White House Set to Appoint a Pay Czar

If you took/take stimulus money.... Oh. Excuse me.... I mean "bail out" money, you are subject to the new "Pay" Czar to make sure you don't make too much money.

"The Obama administration earlier this year issued guidelines that include limiting salary for top executives at some firms receiving TARP funds and requiring that additional pay be in the form of restricted stock, vesting only after the company repays its debt, with interest, to the government. Congress then chimed in with even tougher rules curbing bonuses for top earners at firms receiving TARP money."

This makes Czar #15 according to Fox News. Move over Romanov Dynasty.

8 comments:

That's your Friday Funny! said...

Soooo...

This means the Capital Parking facility now has a 15-czar garage?

:-)
:-)
:-)

HA! I kill me!

Spider said...

Sort of like Santa and his little elves, except Santa doesn't want to rule the world. I wonder if El Yobama will be willing to leave the WH when his 8 years are up.

Anonymous said...

WORD OF THE DAY
IRONY, n.

A Dumbo-eared, redder than red, Marxist messiah who has an inexplicable affinity for creating new Czars.

Missy said...

Well then Obama's plan is working! Jobs are being created! 15 EMPLOYED czars and counting!! Maybe we can all be czars. Better pick a good one before they are all taken!

"Grammie" or whatever name he wants to call me!! said...

I'll be the Travel Czar!

Schteveo said...

Buy ammo, clean your guns, sharpen the guillotines.

BOW said...

It's all meaningless numbers because regardless of what someone earns, the leftists in power will take it all away.

Anonymous said...

I'll be the GynoCzar.