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Let’s Regulate Salaries and Spread The Wealth

Written by | June 11th, 2009

Ever since President Obama (then candidate Obama) made his infamous statement to Samuel (Joe The Plumber) Wurzelbacher about spreading the wealth, while on the campaign trail, I have been deeply concerned as to what exactly he meant by that.

Well, apparently, we are starting to see some of this come to fruition…and recently, President Obama appointed a Pay Czar named Kenneth Feinberg, who will have authority over compensation for senior executives… Wait! A what? What is a Czar? Well, let’s see, according to Dictionary.com:

1. An emperor or king.

2. The former emperor of Russia.

3. An autocratic ruler or leader.

4. Any person exercising great authority or power in a particular field: a czar of industry.

That makes twenty-some odd Czars appointed thus far by President Obama. Oh yes, by the way, has each one of these so-called Czars been approved by The Senate Mr. President? After all, there is this document called The United States Constitution (Article 2, Section 2 ), that happens to mention a little something about this:

He (The President) shall have Power, by and with the Advice and Consent of the Senate, to make Treaties, provided two thirds of the Senators present concur; and he shall nominate, and by and with the “Advice and “Consent of the Senate, shall appoint Ambassadors, other public Ministers and Consuls, Judges of the supreme Court, and “all other Officers of the United States, whose Appointments are not herein otherwise provided for, and which shall be established by Law: but “the Congress may by Law vest the Appointment of such inferior Officers, “as they think proper“, in the President alone, in the Courts of Law, or in the Heads of Departments.

Regulating Salaries:

After some thought, I realized that regulating salaries may not be such a bad idea, however, I think it would be a great idea if we started by regulating the salaries of all members of the federal government that are paid via tax payer dollars; after all, aren’t we (and our tax dollars) paying them? In fact, don’t they work for us? Therefore, as a member of The (American Citizens) Board of Directors, I think that we should receive a detailed report on all federal employee salaries, and by consensus of The (American Citizens) Board of Directors, we can come up with a pay scale that we (the people) feel would be conducive to a prudent government; and adjust accordingly for the fiscally out of control federal government that we currently have today.

Spreading The Wealth:

My other thought was in regards to this doctrine of spreading the wealth; after some thought, I said to myself, this may not be a bad idea after all. However, I think that we should start by taking every person that has lost their job, over the last year, and give them every penny that they have been forced to pay into the unemployment fund, throughout their “entire” working lives. Then, after that, I think it would be a great idea to give every person that has been forced to pay federal income tax, at least six months of tax rebates; then beyond that, I think that complete tax holidays, in three to six month increments, would also be a fantastic idea, and may even help stimulate the economy. Interestingly enough, the above is absolute evidence that by challenging yourself, and with a little introspection, you can start to (philosophically) see eye to eye with the incumbent administration.

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5 thoughts on “Let’s Regulate Salaries and Spread The Wealth

  1. markross Post author

    My goal with the above post was basically to demonstrate the double standard that has become so apparent with certain members of our federal government. Therefore, if they want to preach such things to us, I am calling on them to start leading by example.

    Reply
  2. markross Post author

    I heard a great idea that would suggest that we adjust the salaries of The federal government in direct proposition to the amount of national debt that they have accumulated for our country. That would certainly be one way to reign in their spending, and stop treating the tax payers money as if it is Monopoly money.

    Not only as a nation, but our personal prosperity is also in the balance when there are national debts of this size. For example, that so-called Stimulus Bill was 787 Billion dollars…with interest, it is estimated to be 1.14 trillion dollars. Rough estimates say, if you were to divide that by The total American households, then each household would be in for roughly $30,000.

    And that is only one bill, and part of the national (and proposed) debt that our federal government has, and is attempting to lay on us, and our future generations.

    Therefore, why should they be rewarded for perpetual failure when so many of us are losing everything, part and partial to their failed monetary policies.

    Reply
  3. LeighDavid

    Amen…that sounds like it would work..we pay their salaries, why shouldn’t we know how much it is? and why shouldn’t the thought of taking their salaries down a notch cross their minds, as the amount people who are being taxed from their income definitely puts a strain on people and their well being.  It certainly is frustrating that we can realize what would help, and what could be tried, but our leaders have no clue..or do they? hmm
     
    Leigh

    Reply
  4. markross Post author

    All of the below firms have received money from the (tax-payers) government, which came from the so-called (TARP) Troubled Asset Relief Program.

    American International Group Inc.

    Bank of America Corp.

    Citigroup Inc.

    General Motors Corp.

    GMAC LLC

    Chrysler LLC

    Chrysler Financial

    Reply
  5. markross Post author

    I should also add, President Obama is now up to approximately 40 czars. It is unbelievable, and inconceivable that Congress is allowing that to continue!

    Reply

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