After the “Special Master of Compensation”

By Michelle Malkin  •  June 9, 2009 04:39 PM

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).

***

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?

See what others have said

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Trackbacks

  1. Obama’s latest “czar” “the pay czar,” Kenneth Feinberg | Fire Andrea Mitchell!
  2. Bloodthirsty Liberal » Thank You, Sir, May I Have Another?
  3. What’s With All The Czars? « Dianej’s Weblog
  4. Jon Voight: Against “False Prophet” Obama & Democrat Party: “Everything Obama Has Recommended Has Turned Out to Be Disastrous… Breathtaking Speed to Marxism” « Frugal Café Blog Zone
  5. Czar Mania | bRight & Early
  6. Michelle Malkin » Introducing the Royal Captain of Calorie Consumption
  7. Michelle Malkin » Introducing the Royal Captain of Calorie Consumption
  8. Michelle Malkin » Introducing the Royal Captain of Calorie Consumption
  9. “Sweatin’ to the Oldies with Obama”: Mandated Food and Exercise in Store for America the “Nanny State”? « Frugal Café Blog Zone
  10. Obama’s Opague Oppression–Collectivist Czars Or Commissars–Terminate Tyrants Tea Parties–Join The Second American Revolution « Pronk Palisades
  11. VP Joe Biden Confesses Obama Really Goofed on “Reading the Economy” « Frugal Café Blog Zone
  12. Another Negative 2 — Obama’s Approval Rating Index Continues to Tank « Frugal Café Blog Zone
  13. No More ‘Stimulus’ Packages: 60% of Americans Loudly Oppose Second Stimulus, Obama Now at -3 Approval « Frugal Café Blog Zone
  14. Jon Stewart: That’s Great, Obama… Now Fix the Economy! (video) « Frugal Café Blog Zone
  15. The Bamster’s Approval Index Has Dropped 2 More Points to Minus 5 « Frugal Café Blog Zone
  16. The Obama Limbo! How Low Can It Go… BHO’s Approval Rating Has Dropped Another 3 Points to -8 « Frugal Café Blog Zone

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Comments


  1. #716356
    On June 9th, 2009 at 4:46 pm, tomg51 said:

    Set payczars on “coerce”

  2. #716357
    On June 9th, 2009 at 4:47 pm, DamnCat said:

    “Special Master of Compensation.”

    Oh, how The Master’s slaves shall grovel before him!

  3. #716358
    On June 9th, 2009 at 4:49 pm, jbh45 said:

    How about the Chief Executive in charge of Flatulence….the man or woman in charge of capturing america’s methane.

    http://www.physorg.com/news135003243.html

  4. #716359
    On June 9th, 2009 at 4:50 pm, DamnCat said:

    “…court-appointed volunteers who ensured that judicial orders were followed”

    Obama don’t need no stinkin’ courts!

  5. #716360
    On June 9th, 2009 at 4:51 pm, flmom said:

    Special Master of Compensation.

    Sounds like something from a Monty Python sketch.

  6. #716362
    On June 9th, 2009 at 4:53 pm, Misscheryl said:

    Here’s a quote from Bloomberg, of which I reply “D’oh!”

    Obama Tells American Businesses to Drop Dead: Kevin Hassett

    Commentary by Kevin Hassett

    June 8 (Bloomberg) — I’ve finally figured out the Obama economic strategy. President Barack Obama and his team have been having so much fun wielding dictatorial power while rescuing “failed” firms, that they have developed a scheme to gain the same power over every business. The plan is to enact policies that are so anticompetitive that every firm needs a bailout. Once that happens, their new pay czar Kenneth Feinberg can set the wage for everybody and Rahm Emanuel can stack the boards of all of our companies with his political cronies.

  7. #716363
    On June 9th, 2009 at 4:53 pm, flmom said:

    How about: Magnificent Moderator of Medical Procedures.

  8. #716364
    On June 9th, 2009 at 4:55 pm, Southpaw said:

    “I am not yet ready to be Tsar. I know nothing of the business of ruling.”
    Nicholas II

    Could be the mantra of the Obama administration.

  9. #716366
    On June 9th, 2009 at 4:56 pm, DagneyT said:

    Too funny, Michelle!

    We are a country being run by a bunch of unelected, unaccountable Czars!

    Remember when we were a representative republic?

  10. #716372
    On June 9th, 2009 at 5:00 pm, Khyris said:

    I am the tax-keeper… are you the pay-master? The tax-keeper must join with the pay-master to release Gozama upon America, rendering the world unto utter desolation.

    Oblique Ghost-Busters references FTW!

  11. #716373
    On June 9th, 2009 at 5:00 pm, letget said:

    When I think of a ‘master’ I think of the Jews under Egypt leaving under the king.

    When I think of ‘master’ I think of the slaves all over the world.

    First we have ‘czar’ and now ‘master’. Both make me sick. Those words should make every American re-think our bho.
    L

  12. #716379
    On June 9th, 2009 at 5:02 pm, no2pcbs1 said:

    zero is adding to his cover to not be held responsible for anything. all the appointments are parts to blame when things go wrong and the public doesn’t like. zero lacking any kind of leadership skills and courage will never assume responsibility for his actions, zero is the ultimate coward.

  13. #716380
    On June 9th, 2009 at 5:03 pm, Regulus said:

    On June 9th, 2009 at 4:55 pm, Southpaw said:

    “I am not yet ready to be Tsar. I know nothing of the business of ruling.”
    Nicholas II

    Could be the mantra epitaph of the Obama administration.

    Reads a bit more accurately with the edit, I think.

    But if I’m Hope-a-Dope, I need “Czars.” After all….

    - Monday: “Newsweek Magazine” cover photo shoot
    - Tuesday: “Weygu steak and champagne night”
    - Wednesday: Party at the White House!
    - Thursday: “Conga night”
    - Friday: “US Magazine” cover photo shoot
    - Saturday: “Time Magazine” cover photo shoot
    - Sunday: “Date night”

    Can’t you see that the man is swamped? Czars to the rescue!

  14. #716381
    On June 9th, 2009 at 5:04 pm, AlohaGuy said:

    How about the Nabob of Unnecessary VPs – who will make MichelleO give back the $350,000 a year she made, as well as giving Biden’s job to an intern.

  15. #716384
    On June 9th, 2009 at 5:06 pm, spaceycakes said:

    Sounds like something from a Monty Python sketch.

    Oh yeah; help me out Rogue Cheddar!

    Mrs Pinnet: Oh dear, what are we going to do?
    First Gas Man: Well I don’t know. What we can do for you is take it back to the Depot, get a transfer slip from Crump to Pinnet, and put it on a special delivery.
    Second Gas Man: Yeah – that’s best. We’ll special it for you, we’ll get it down there today and you’ll get it back in ten weeks.
    Mrs Pinnet: Ten weeks! Blimey, can’t you just leave this one?
    First Gas Man: What this? What leave it here? (they seem thunderstruck)
    Mrs Pinnet: Yes.
    First Gas Man: Well I dunno. I suppose we could.
    Second Gas Man: Oh, but she’d have to fill out a temporary despatch note.
    First Gas Man: Yeah we could leave it on a temporary despatch note.

  16. #716388
    On June 9th, 2009 at 5:10 pm, tiredofit08 said:

    slowly but surely I think they are re-thinking him but not fast enough for my liking….we need tea parties on a massive scale next month before its too late…

    Good one MM…I knew there was a reason I liked you..salamat para sa lahat ng mo gawin…if I got it right…

  17. #716394
    On June 9th, 2009 at 5:14 pm, DamnCat said:

    “Imperial Wizard of Race Relations”

  18. #716399
    On June 9th, 2009 at 5:18 pm, Ragspierre said:

    I read a piece that suggested that the use of Czars was intended by THE ONE to be an end-run around the Congress, a further consolidation of power against the design of the Constitution.

    I think that may be true.

  19. #716408
    On June 9th, 2009 at 5:22 pm, Roman Con said:

    Eugenics Czar in 3…2…1…

  20. #716413
    On June 9th, 2009 at 5:26 pm, sonofdy said:

    Unelected, unknown, and unaccountable people who don’t answer to anyone but the president yet weild massive unconstitutional power.

    What could go wrong with that????

  21. #716416
    On June 9th, 2009 at 5:28 pm, BlameAmericaLast said:

    I never liked the term “czar” and here’s probably why:

    The character of a czar was established by the first Russian ruler to bear that title, Ivan IV. When he was seventeen, in 1547, he was crowned czar of all Russia. By the time of his death thirty-seven years later, he had earned the nickname Ivan the Terrible. He governed absolutely, and he ruthlessly eliminated anyone who stood in his way, including not only the nobility but also his son and heir, Ivan, whom he killed in a rage.

    I guess it’s that governed absolutely and ruthlessly eliminated any who stood in his way part that I have a problem with.

  22. #716417
    On June 9th, 2009 at 5:29 pm, Ragspierre said:

    Firms likely won’t be able to appeal decisions that Mr. Feinberg makes to Mr. Geithner, according to people familiar with the matter.

    Oh…well, then…

    Nothing dangerous in that

  23. #716424
    On June 9th, 2009 at 5:35 pm, Papa Louie said:

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

    I bet Obama will get a real kick out of seeing a bunch of rich, white executives having to say “yes masta” when it comes time for their yearly bonus.

  24. #716428
    On June 9th, 2009 at 5:43 pm, lgm said:

    The Obama paymaster strategy worked like a charm on the big banks. Once the CEOs figured out that depending on US handouts meant a pay cut for them, their banks got a whole lot healthier in a hurry. Now they’re rushing to pay back Uncle Sam.

    Imagine how well they might do if their pay were tied to performance all the time?

  25. #716429
    On June 9th, 2009 at 5:44 pm, Misscheryl said:

    Papa Louie said:

    I bet Obama will get a real kick out of seeing a bunch of rich, white executives having to say “yes masta” when it comes time for their yearly bonus.

    I bet you are right. I do believe Obama hates rich, white people. He’s kinda racist that way…

    I’ll not purchase anything from a company owned/run by the gobment.

  26. #716430
    On June 9th, 2009 at 5:45 pm, Ragspierre said:

    What this will mean, of course, is that a lot of talented, and ethical people will be driven out of the very firms that need both traits so badly if they have any hope of actually turning things around, both financially and culturally, in the target businesses.

    They can always leave and work as contractors and consultants. They will find LOTS of ways around this BS…

  27. #716431
    On June 9th, 2009 at 5:48 pm, Ragspierre said:

    The Obama paymaster strategy worked like a charm on the big banks. Once the CEOs figured out that depending on US handouts meant a pay cut for them, their banks got a whole lot healthier in a hurry. Now they’re rushing to pay back Uncle Sam.

    Of course, that overlooks the FACT that they had to have their arms twisted in the first place. I know, by a player in the Bush administration…no better when any fascist does it.

    Oh, and I’ll just bet that was the strategy. We’ll know that was a lie when THE ONE keeps moving this out into the economy.

  28. #716432
    On June 9th, 2009 at 5:48 pm, granite said:

    On June 9th, 2009 at 4:51 pm, flmom said:

    Special Master of Compensation.

    Sounds like something from a Monty Python sketch.

    Rimshot to you!!

  29. #716433
    On June 9th, 2009 at 5:48 pm, Elm Creek Smith said:

    On June 9th, 2009 at 5:43 pm, lgm said:
    Imagine how well they might do if their pay were tied to performance all the time?

    You’d owe money, sparky.

    ECS

  30. #716435
    On June 9th, 2009 at 5:51 pm, Rogue Cheddar said:

    I heard he has a sign on his desk that says: “The buck literally stops here!”

    SpaceyCakes, I’ll try to find something for you.

  31. #716436
    On June 9th, 2009 at 5:52 pm, Ragspierre said:

    Just for the record…

    I saved one billion jobs today.

  32. #716439
    On June 9th, 2009 at 5:57 pm, Rogue Cheddar said:

    Monty Python’s Flying Circus -
    “Four Yorkshiremen”
    [ from the album Live At Drury Lane, 1974 ]

    The Players:
    Michael Palin – First Yorkshireman;
    Graham Chapman – Second Yorkshireman;
    Terry Jones – Third Yorkshireman;
    Eric Idle – Fourth Yorkshireman;

    The Scene:
    Four well-dressed men are sitting together at a vacation resort.
    ‘Farewell to Thee’ is played in the background on Hawaiian guitar.

    ——————————————————————————–

    FIRST YORKSHIREMAN:
    Aye, very passable, that, very passable bit of risotto.
    SECOND YORKSHIREMAN:
    Nothing like a good glass of Château de Chasselas, eh, Josiah?
    THIRD YORKSHIREMAN:
    You’re right there, Obadiah.
    FOURTH YORKSHIREMAN:
    Who’d have thought thirty year ago we’d all be sittin’ here drinking Château de Chasselas, eh?
    FIRST YORKSHIREMAN:
    In them days we was glad to have the price of a cup o’ tea.
    SECOND YORKSHIREMAN:
    A cup o’ cold tea.
    FOURTH YORKSHIREMAN:
    Without milk or sugar.
    THIRD YORKSHIREMAN:
    Or tea.
    FIRST YORKSHIREMAN:
    In a cracked cup, an’ all.
    FOURTH YORKSHIREMAN:
    Oh, we never had a cup. We used to have to drink out of a rolled up newspaper.
    SECOND YORKSHIREMAN:
    The best we could manage was to suck on a piece of damp cloth.
    THIRD YORKSHIREMAN:
    But you know, we were happy in those days, though we were poor.
    FIRST YORKSHIREMAN:
    Because we were poor. My old Dad used to say to me, “Money doesn’t buy you happiness, son”.
    FOURTH YORKSHIREMAN:
    Aye, ‘e was right.
    FIRST YORKSHIREMAN:
    Aye, ‘e was.
    FOURTH YORKSHIREMAN:
    I was happier then and I had nothin’. We used to live in this tiny old house with great big holes in the roof.
    SECOND YORKSHIREMAN:
    House! You were lucky to live in a house! We used to live in one room, all twenty-six of us, no furniture, ‘alf the floor was missing, and we were all ‘uddled together in one corner for fear of falling.
    THIRD YORKSHIREMAN:
    Eh, you were lucky to have a room! We used to have to live in t’ corridor!
    FIRST YORKSHIREMAN:
    Oh, we used to dream of livin’ in a corridor! Would ha’ been a palace to us. We used to live in an old water tank on a rubbish tip. We got woke up every morning by having a load of rotting fish dumped all over us! House? Huh.
    FOURTH YORKSHIREMAN:
    Well, when I say ‘house’ it was only a hole in the ground covered by a sheet of tarpaulin, but it was a house to us.
    SECOND YORKSHIREMAN:
    We were evicted from our ‘ole in the ground; we ‘ad to go and live in a lake.
    THIRD YORKSHIREMAN:
    You were lucky to have a lake! There were a hundred and fifty of us living in t’ shoebox in t’ middle o’ road.
    FIRST YORKSHIREMAN:
    Cardboard box?
    THIRD YORKSHIREMAN:
    Aye.
    FIRST YORKSHIREMAN:
    You were lucky. We lived for three months in a paper bag in a septic tank. We used to have to get up at six in the morning, clean the paper bag, eat a crust of stale bread, go to work down t’ mill, fourteen hours a day, week-in week-out, for sixpence a week, and when we got home our Dad would thrash us to sleep wi’ his belt.
    SECOND YORKSHIREMAN:
    Luxury. We used to have to get out of the lake at six o’clock in the morning, clean the lake, eat a handful of ‘ot gravel, work twenty hour day at mill for tuppence a month, come home, and Dad would thrash us to sleep with a broken bottle, if we were lucky!
    THIRD YORKSHIREMAN:
    Well, of course, we had it tough. We used to ‘ave to get up out of shoebox at twelve o’clock at night and lick road clean wit’ tongue. We had two bits of cold gravel, worked twenty-four hours a day at mill for sixpence every four years, and when we got home our Dad would slice us in two wit’ bread knife.
    FOURTH YORKSHIREMAN:
    Right. I had to get up in the morning at ten o’clock at night half an hour before I went to bed, drink a cup of sulphuric acid, work twenty-nine hours a day down mill, and pay mill owner for permission to come to work, and when we got home, our Dad and our mother would kill us and dance about on our graves singing Hallelujah.
    FIRST YORKSHIREMAN:
    And you try and tell the young people of today that ….. they won’t believe you.
    ALL:
    They won’t!

  33. #716440
    On June 9th, 2009 at 5:57 pm, The Master said:

    Is that sorta like Awesome Special Master Czar of the Office of the President Elect Bankruptcy Trustee?

  34. #716441
    On June 9th, 2009 at 5:58 pm, spaceycakes said:

    Rogue–I just used the old ‘gas stove’ sketch…because there were so many gas men ultimately needed for all their special dispensations…LOL

    Mrs Pinnet: Well I can’t cook on it unless it’s connected up.
    First Gas Man: Oh we didn’t realize you had an installation invoice.
    Second Gas Man: An MI.
    First Gas Man: No, we can’t touch it without an MI, you see.
    Second Gas Man: Or an R16.
    Third Gas Man: (who is suddenly revealed behind the two of them) If it’s a special.
    Second Gas Man: Nah – it’s not special … the special’s back at the Depot.
    First Gas Man: No, the special’s the same as installation invoice.
    Third Gas Man: So it’s an R16.
    Mrs Pinnet: What’s an installation invoice?
    First Gas Man: A pink form from Reading.

  35. #716442
    On June 9th, 2009 at 6:02 pm, CW4_KGP said:

    Special Grand Master of placing worms on hooks…you know…it’s what all you guys were thinking!!!

  36. #716443
    On June 9th, 2009 at 6:03 pm, Truesoldier said:

    After the middle east apology tour I keep waiting for Obama to announce a Dhimmi Czar.

  37. #716445
    On June 9th, 2009 at 6:14 pm, SHoward said:

    Once the CEOs figured out that depending on US handouts meant a pay cut for them, their banks got a whole lot healthier in a hurry.

    Probably because they found out the hard way when you lay down with dogs, you get up with mange.

    Perhaps many of them weren’t as un-healthy as we were led to believe? Remember, many wall street ceo’s are leftists, being fellow New Yorkers, and all. Maybe they thought the goobernint would exempt them form the consequences of their bad behavior, and Obamachev did one thing right in their case.

  38. #716447
    On June 9th, 2009 at 6:19 pm, SPCOlympics said:

    On June 9th, 2009 at 5:43 pm, lgm said:

    The Obama paymaster strategy worked like a charm on the big banks. Once the CEOs figured out that depending on US handouts meant a pay cut for them, their banks got a whole lot healthier in a hurry. Now they’re rushing to pay back Uncle Sam.

    Imagine how well they might do if their pay were tied to performance all the time?

    Imagine if the Federal government hadn’t force relaxation of home loan standards (in the name of fairness) which was the cause of the whole financial meltdown in the first place. Imagine how much money the Federal government would still have to help the down and out. In fact, think of how many fewer people would be suffering!

  39. #716453
    On June 9th, 2009 at 6:24 pm, pedro4 said:

    But these are the people he wants to tax the bejeezus out of to pay for everything! Rubber, meet road.

  40. #716456
    On June 9th, 2009 at 6:26 pm, tarpon said:

    Want to know what is going on, Hugo Chavez has the same system … czars who report to no one and cabinet members who head agencies who regularly get fired for Hugo’s screw-ups..

  41. #716458
    On June 9th, 2009 at 6:30 pm, flmom said:

    Sorry to hi-jack the thread a little, but Roguecheddar’s post reminded me of something funny:

    http://www.youtube.com/watch?v=wPjJFv1NDBg

  42. #716459
    On June 9th, 2009 at 6:32 pm, walterc said:

    CW4_KGP said:

    Special Grand Master of placing worms on hooks…you know…it’s what all you guys were thinking!!!

    That was my first thought CW4.

  43. #716460
    On June 9th, 2009 at 6:35 pm, Khyris said:

    The Obama paymaster strategy worked like a charm on the big banks. Once the CEOs figured out that depending on US handouts meant a pay cut for them, their banks got a whole lot healthier in a hurry. Now they’re rushing to pay back Uncle Sam.

    I half-agree..
    Same is true for any “deterrant” like nuclear weapons (why are we dismantling them again?). They are useless if the abberants are told we won’t use them. But making people believe we’ll use them and ACTUALLY using them, as is the case with all this czarcastic policy, is supposed to be a LONG way in between.

  44. #716464
    On June 9th, 2009 at 6:46 pm, Ragspierre said:

    The Obama paymaster strategy worked like a charm on the big banks. Once the CEOs figured out that depending on US handouts meant a pay cut for them, their banks got a whole lot healthier in a hurry. Now they’re rushing to pay back Uncle Sam.

    Funny what a dictator who destroys the sanctity of contract can do…

    Maybe the trains will run on time, too…

  45. #716481
    On June 9th, 2009 at 7:08 pm, Southpaw said:

    The Obama paymaster strategy worked like a charm on the big banks. Once the CEOs figured out that depending on US handouts meant a pay cut for them, their banks got a whole lot healthier in a hurry. Now they’re rushing to pay back Uncle Sam.

    Actually agree with you on this one. Let’s just hope they didn’t revert to their funny money schemes that got them into this mess in the first place. I don’t trust banks anymore.

  46. #716508
    On June 9th, 2009 at 7:56 pm, Rogue Cheddar said:

    On June 9th, 2009 at 6:30 pm, flmom said:
    Sorry to hi-jack the thread a little, but Roguecheddar’s post reminded me of something funny:

    That was well funny, init tho!

  47. #716509
    On June 9th, 2009 at 8:05 pm, ITookTheRedPill said:

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

    Indeed!

  48. #716511
    On June 9th, 2009 at 8:08 pm, flmom said:

    That was well funny, init tho!

    Ba gum, it was!

  49. #716512
    On June 9th, 2009 at 8:09 pm, tiredofit08 said:

    anybody come up with the logo yet??

  50. #716516
    On June 9th, 2009 at 8:19 pm, T-Bone said:

    But if I’m Hope-a-Dope, I need “Czars.” After all….

    - Monday: “Newsweek Magazine” cover photo shoot
    - Tuesday: “Weygu steak and champagne night”
    - Wednesday: Party at the White House!
    - Thursday: “Conga night”
    - Friday: “US Magazine” cover photo shoot
    - Saturday: “Time Magazine” cover photo shoot
    - Sunday: “Date night”

    You forgot the Sunday morning Hour of Power Apology- always apologizing for others, never for himself.

  51. #716523
    On June 9th, 2009 at 8:44 pm, ITookTheRedPill said:

    Rogue Cheddar:

    DENNIS: Listen. Strange women lying in ponds distributing swords is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony.

    ARTHUR: Be quiet!

    DENNIS: Well, but you can’t expect to wield supreme executive power just ’cause some watery tart threw a sword at you!

    ARTHUR: Shut up!

    DENNIS: I mean, if I went ’round saying I was an emperor just because some moistened bint had lobbed a scimitar at me, they’d put me away!

    ARTHUR: Shut up, will you? Shut up!

    DENNIS: Ah, now we see the violence inherent in the system.

    ARTHUR: Shut up!

    DENNIS: Oh! Come and see the violence inherent in the system! Help! Help! I’m being repressed!

    In all seriousness,

    Listen. Strange women lying in ponds George Soros distributing swords money is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic MSM ceremony.

  52. #716526
    On June 9th, 2009 at 8:50 pm, teachem2 said:

    lgm, check out your facts before you go spouting off talking points. Many of these banks were trying to pay back TARP funds almost 2 months ago.

    Check out the facts:

    Here – May 19
    Here – May 19

  53. #716527
    On June 9th, 2009 at 8:51 pm, teachem2 said:

    Here – May 15
    Here – April 24
    and Here – April 23

    These banks just want the government out of their business period.

  54. #716530
    On June 9th, 2009 at 8:58 pm, Rogue Cheddar said:

    ITookTheRedPill said:

    Ha! That was well bing bing!

  55. #716533
    On June 9th, 2009 at 9:06 pm, MtsEdge said:

    On June 9th, 2009 at 6:14 pm, SHoward said:
    Once the CEOs figured out that depending on US handouts meant a pay cut for them, their banks got a whole lot healthier in a hurry.
    Probably because they found out the hard way when you lay down with dogs, you get up with mange.

    Perhaps many of them weren’t as un-healthy as we were led to believe?

    I think you’re right. After all, as has been noted, many banks were strongarmed into taking the money in the first place…yes, by Bush & Co. They probably figured they could enrich their coffers with this “free” money that they were forced to take, and they’d never have any adverse consequences. Not always easy to get a do-over, even in today’s society.

  56. #716538
    On June 9th, 2009 at 9:38 pm, Dimsdale said:

    Maybe Sheryl Crow could be appointed as “Czarina of Toilet Paper Square usage.”

    Minister of Rumpswabbery? No, that’s Biden…

  57. #716539
    On June 9th, 2009 at 9:41 pm, Dimsdale said:

    On June 9th, 2009 at 8:44 pm, ITookTheRedPill and Rogue Cheddar:

    It couldn’t be any worse than the Ministry of Silly Walks or the Silly Party nominees!

  58. #716540
    On June 9th, 2009 at 9:42 pm, bjc said:

    *P-BO is baiting the hook with free stuff so that he may continue to add unknowing constituents; I propose he now be called the MasterBaiter Czar! ;)

  59. #716544
    On June 9th, 2009 at 9:58 pm, right_on said:

    Imagine how well they might do if their pay were tied to performance all the time?

    Why not just enact a policy of tenure? (That works so well for public school teachers…especially the ones trying to teach American History, or mathematics.)

    Yeah, how about merit-based pay raises for America’s pusillanimous educators who use their unions to bully local school districts? Nah, that won’t work…they would actually have to produce quantifiable results.

  60. #716561
    On June 9th, 2009 at 10:41 pm, BKennedy said:

    “Imperial Wizard of Race Relations” ~DamnCat

    Does he report to the Exalted Cyclops of Affirmative Action? (Cyclops are people too!)

  61. #716564
    On June 9th, 2009 at 10:46 pm, Ragspierre said:

    Q: You’ve been quite critical of the Treasury. What troubles you most about what you’re getting and what you’re not getting?

    A: There’s no discussion of the overall policy. Instead, there are specific programs that are announced, and from that, it’s necessary to reason backwards to figure out what the goal must have been. It’s like a “Jeopardy!” game. If this is the answer, what was the question? It’s frustrating because without a clearly articulated goal and identified metrics to determine whether the goal is being accomplished, it’s almost impossible to tell if a program is successful.

    Q: Do you have a clear sense of what the overall TARP plan at this point is supposed to do? Are you capable of summarizing what it’s supposed to be doing?

    A: No. And neither is Treasury. Treasury has given us multiple contradictory explanations for what it’s trying to accomplish.

    Elizabeth Warren, head of Congressional TARP oversight.

    Oh,…OK then…

  62. #716566
    On June 9th, 2009 at 10:48 pm, flenser said:

    These banks ought to be broken up into smaller pieces. If Obama does that he’ll have my respect. Why do I think that’s not going to happen? Probably because these banks own the Democratic Party.

  63. #716569
    On June 9th, 2009 at 10:51 pm, flenser said:

    The Obama paymaster strategy worked like a charm on the big banks. Once the CEOs figured out that depending on US handouts meant a pay cut for them, their banks got a whole lot healthier in a hurry. Now they’re rushing to pay back Uncle Sam.

    It’s a small thing for them to do. The principle has aleady been established that the banks losses are the publics and their profits are private.

  64. #716579
    On June 9th, 2009 at 11:39 pm, Flyoverman said:

    He can appoint all of the Czars that he wants. It will not amount to squat. It won’t work and will only make things worse for Obama.

    Remember how we laughed at Soviet Central Planning. It worked as well as this will. It hasn’t got a prayer.

    Appointing more czars is like coiling out more rope for Obama to hang himself with. Drive on Oh Annointed One. Just aim the gun at your foot and fire away!

  65. #716606
    On June 10th, 2009 at 12:26 am, Al in St. Lou said:

    Over 20 “czars” with no congressional oversight? Can someone stop the world so I can get off? I’m feeling sick! :(

  66. #716611
    On June 10th, 2009 at 1:04 am, prendad said:

    A list of Obama’s “Czar” appointees (increasing daily). How many of these dollar-sucking parasites will he require to sufficiently super-stroke his ego and mask his lack of interest in anything that does not promote himself? I guess if he appoints enough of these yokels he can go on date night every night of the week!

    Af-Pak (Afghanistan-Pakistan) Czar
    Border Czar
    Car Czar
    Climate Czar
    Cyber Security Czar
    Drug Czar
    Economic Czar
    Energy Czar
    Faith-based Czar
    Great Lakes Cleanup Czar
    Guantanamo Closure Czar
    Health Reform Czar
    Infotech Czar
    Iran Czar
    Middle East Czar
    Pay Czar
    Persian Gulf & Southwest Asia Czar
    Regulatory Czar
    Stimulus Accountability Czar
    Sudan Czar
    TARP Czar
    Terrorism Czar
    Urban Czar
    Weapons of Mass Destruction Czar

  67. #716629
    On June 10th, 2009 at 4:04 am, tbear44 said:

    Czar Czar

  68. #716687
    On June 10th, 2009 at 8:35 am, stillontheroad said:

    Bad Sneakers Czar
    Flat Tire Czar
    Wildlife Czar
    Party Czar
    “And stay off my lawn” Czar
    Telepathic Czar
    Telekinetic Czar

    and the list goes on

  69. #716689
    On June 10th, 2009 at 8:48 am, Rogue Cheddar said:

    On June 9th, 2009 at 10:41 pm, BKennedy said:
    “Imperial Wizard of Race Relations” ~DamnCat
    Does he report to the Exalted Cyclops of Affirmative Action? (Cyclops are people too!)

    “Czar of The Cloning Registry” (because clones are people two!)

  70. #716691
    On June 10th, 2009 at 8:54 am, NJ-Aviator said:

    lgm said:

    The Obama paymaster strategy worked like a charm on the big banks. Once the CEOs figured out that depending on US handouts meant a pay cut for them, their banks got a whole lot healthier in a hurry. Now they’re rushing to pay back Uncle Sam.

    You must be more ignorant than you pretend to be. “their banks got a whole lot healthier in a hurry.”

    Yeah… they just “decided” to get healthy. Please… stick to what you know. Which is what, I’m not exactly sure.

  71. #716694
    On June 10th, 2009 at 9:01 am, sonofdy said:

    lgm said:

    The Obama paymaster strategy worked like a charm on the big banks. Once the CEOs figured out that depending on US handouts meant a pay cut for them, their banks got a whole lot healthier in a hurry. Now they’re rushing to pay back Uncle Sam.

    Worked like a charm? Hint, the czsar was put in place FRIDAY. The banks have been wanting to pay back thier owners for months. LGM, you really do buy everything huffpo says don’t you? SUCKER!!!

  72. #716695
    On June 10th, 2009 at 9:01 am, NJ-Aviator said:

    From Foxnews: In addition to standing behind the restrictions passed by Congress in February, the administration plans to push for broad changes in compensation practices across the financial-services industry, these people say.

    Now there’s an Stalinist over-reach if I ever saw one. He wants to set policies for what all people who work in the financial industry can make.

    Obama is way our of control. This country was a free one before he got elected. Now… it’s on it’s way to becoming a state-run Chicago mob scam.

    It’s truly sickening what this double-talking empty suit and fraud is doing to this country.

  73. #716696
    On June 10th, 2009 at 9:01 am, NJ-Aviator said:

    “out” of control

  74. #716702
    On June 10th, 2009 at 9:15 am, NJ-Aviator said:

    prendad said:

    A list of Obama’s “Czar” appointees (increasing daily). How many of these dollar-sucking parasites will he require to sufficiently super-stroke his ego and mask his lack of interest in anything that does not promote himself?

    He is appointing them because he really has no skills or experience suitable to making any of these decisions. All the guy can do is talk. He’s great in a job interview as long as you don’t get into anything specific that might reval the depth of his knowledge. Oh.. excuse me… the lack of depth of his knowledge.

    The country would have done better to elect Woody from Cheers.

  75. #716707
    On June 10th, 2009 at 9:27 am, Rogue Cheddar said:

    The country would have done better to elect Woody from Cheers.

    Then we could’ve heard the Kelly song again. “Kelly Kelly Kelly”

  76. #716710
    On June 10th, 2009 at 9:33 am, NJ-Aviator said:

    Rogue Cheddar said:

    Then we could’ve heard the Kelly song again. “Kelly Kelly Kelly”

    Yes, lol. But that beats listening to

    “uh… ummmm…. let me say this…. I’m really busy”

  77. #716723
    On June 10th, 2009 at 9:59 am, John Deaux said:

    Bud Light ought ot do a “Real Men of Genius” series on the czars.

    Here’s to you, Mr. Special Master of Compensation.

    P.S. I’ve saved 7 billion jobs since Jan 20th.

  78. #716759
    On June 10th, 2009 at 10:40 am, DBNinKY said:

    On June 9th, 2009 at 5:43 pm, lgm said:

    The Obama paymaster strategy worked like a charm on the big banks. Once the CEOs figured out that depending on US handouts meant a pay cut for them, their banks got a whole lot healthier in a hurry. Now they’re rushing to pay back Uncle Sam.

    LGM, the banks are repaying the TARP by increasing their usury fees on people like you, your students, and me, sending our ATM and other service charges through the roof!

    What’s more, this entire thing seems like a farce to make it appear to the average citizen that the bailout, under Obama, is working. It isn’t.

    According to many finance experts, the feds are ginning the stress test numbers for banks by limiting the forecast to 2010, thus the lowering the threshold for viability, just like they did in widening the spread between short and long term bills so they’d be sure to sell more of them – they’re literally bribing foreign investors to take our debt by unjustifiably raising the interest on long term bills. We’ll stay broke for decades if they keep doing this.

    Imagine how well they might do if their pay were tied to performance all the time?

    Only if we apply it to public education.

    And let’s see how well that “charm” worked out:

    The feds spent 800 billion in TARP monies to prop up the credit markets (had to – emergency you know! /sarc) but are only realizing a return of 68 billion from the banks – yeah, the financial wizardry of Team Obama is really making the economy pop!

    BTW – did anyone really receive an extension of credit from the banks who accepted TARP, or did those banks just use it to acquire more assets to leverage by buying other banks?

  79. #716818
    On June 10th, 2009 at 11:06 am, Ragspierre said:

    Forty-five percent (45%) of Americans say the rest of the new government spending authorized in the $787-billion economic stimulus plan should now be canceled. A new Rasmussen Reports national telephone survey found that just 36% disagree and 20% are not sure.

    According to news reports, only $36 billion of the stimulus plan had been spent as of late May.

    Just 20% of adults say the tax cuts included in the stimulus plan should be canceled while 55% disagree. The stimulus plan includes $288 billion in tax cuts.

    Americans are coming to understand…little by little.

  80. #716862
    On June 10th, 2009 at 11:30 am, Danceswithdachshunds said:

    Now BHO is talking about requiring that shareholders get to decide executive pay.

    So what if shareholders don’t feel qualified to decide that?

    Barry – LISTEN TO ME! The cure is only TWO STEPS AWAY using economics 101:

    1. ELIMINATE the double taxation on dividends.

    By eliminating the double taxation on corporate profits – more people will swing their investment dollars toward companies that deliver tangible RESULTS rather than those whose stock values are being manipulated by Wall Street.

    2. INDEX capital gains, (not eliminate them).

    That will ALSO favor investing in companies for the long haul, those who actually produce something and have REAL long term growth potential. Day traders may put money into their pockets but that PRODUCES NOTHING! For every day trader who makes money – somebody else LOST money. There’s no productivity associated with stock investments that flipped in a matter of days or even hours. Indexing capital gains removes the PENALTY placed on investors who want long term stability.

  81. #721842
    On June 16th, 2009 at 10:50 am, FirstSkirt said:

    Representative government guided by the Constitution of the United States died on Nov 20, 2008.

  82. #721989
    On June 16th, 2009 at 12:12 pm, ArizonaNeanderthal said:

    Fascism IS the word, Fascism IS their plan and totalitarianism IS the only effective way to implement it.

    As they threatened the Chrysler Bond Holders so they will threaten everyone else-the more power they grab the more terrible and plausible the threats. William Ayres is an evil man-he is NOT a kook but an advocate and prophet of the Left. If they can be stopped is to be seen. How is up to us. Now they just need Reichstag fire.

    Lexington Commons “Damn rebels, lay down your arms- Maj. John Pitcairn” No laddie, in fact I will not-ArizonaNeanderthal

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