Well, that didn’t take long at all.
Yesterday: “Pledging to take ‘the air out of golden parachutes,’ President Obama announced Wednesday that executives of companies receiving federal bailout money will have their pay capped at $500,000 under a revised financial compensation plan.”
Today: “The Obama administration is engineering its new bailout initiatives in a way that it believes will allow firms benefiting from the programs to avoid restrictions imposed by Congress, including limits on lavish executive pay, according to government officials.”
(Read more from propagandadetox.blogspot.com)
What do you say to that, Obamaniacs?