After the “Special Master of Compensation”

The WSJ broke the news on Friday about Obama’s new “pay czar,” Kenneth Feinberg.

His official title as executive-pay-limiter-in-chief: Special Master of Compensation.

Can’t wait to see his logo.

Next up: Obama appoints the…

…Distinguished Overlord of Oxygen Intake (to limit individual human carbon emissions);

…Royal Captain of Calorie Consumption (to limit weight gain and end obesity);

…Exalted Diva of Diversity Broadcasting (to enforce the Fairness Doctrine and limit exposure to excessive, poisonous conservative opinion on the airwaves).

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History footnote: The term “special master” is a legal term referring to court-appointed volunteers who ensure that judicial orders are followed. In common law, “special masters in lunacy” handled psychiatric cases.

“Masters in lunacy” fits the Obama administration nicely, doesn’t it?

Posted in: AIG, Automakers, Chrysler, fiscal stimulus, Subprime crisis

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