God Blessed RONALD REAGAN, Lucky for me I was around to work during the the GREAT AMERICAN PERIOD called the 80's ........

Johnny5

Man, what are you on? Please get help soooon!

P.W..... I think you're misinformed.... both parties contributed to this mess we are in. Overregulation is not the answer. granted a lot of companies do hand out bonuses on faltering quarters. but, what about the people that signed on for a commission for selling... and that equated to say $5MM. Should they get a paycut or even get their bonus check because the cooompany is faltering? They agreed to pay those commisions in contract.Ask yourself... why did they allow this practice to occur with Fannie & Freddie exec's? They were just paid millions and they are the epicenter of all our issues right now; our perfect-never-go-wrong- on -the - ball- solve- all - the - ill's- of - our society- government?!!! Another question P.W..... why did Congress get a COST OF LIVING INCREASE this year? Most companies couldn't even do that for their employees this year. Why should Congress get a raise when they HAVEN'T BEEN DOING THEIR JOB and have lowest performance rating in recent history??

REGULATE PAY!!? Regulate pay??! Risk MUST have a reward... especially if its successful! If you fail at your risky venture.... sorry.... you played and you lost; that's what bankruptcy court is for!!!! November of next year... Franke (Sorry Mr. or Rep. just doesn't cut it... this guy is out of control) better think about looking for a place to hang his shingle... if he's taking money from outside his district at record paces as did some other candidates (while his own district contributes very little to his campaign for re-election) Someone should be looking at that??!!!! If 'people' are going to be tollerent of extreme government oversite of our lives, where we bank, what we drive (GM= People's Kar Kompany)  how much we breathe, and the list goes on...... we the 'people' had better start thinking about term limits on these characters!!!

Understand this .... to 'THEM'.... what is too much pay?? SO you make more than a Congressional Member (Even after all their kickbacks and fringe benefits), is that too much? WHat about the person at Saks Fifth Avenure who is lead sales in the suit department... he sells $1K per suit and makes 40-75K per year... is his commisions too high? OK... How about the saleman at a local car dealership... if he blows out twenty cars in a month (lets just say) for whole year.... is that too much? How about the checkout cashier at a grocery store... do they make too much?? Are you making too much? Lastly, you create an innovation, INNOVATION, in computing technology that automatically fixes Operating System software to work perfectly everytime you boot up that lovely machine of yours? How much should they get paid for that innovation?? OR an automatic baby washer/ cleaner to contiually cleans the floor around a baby as they eat?? Whats that worth?? Finally, you start a business, you're taking the risk, not the gov't. You succeed, the market will pay you what the market will bear. If you fail.... is there a net for you out there to catch you. NO. there isn't. You fail... you close the doors and start again, bankruptcy court may be the only option.

You see, these are extreme but are they.... ARE THEY??! Under the current governmental system that's being assembled before your very eyes, Franke wants CONTROL over the risk-takers pay. The goverment should not bail-out, Iaccocca went to the government to save Dodge/Chrysler and there were, not that I know of, any strings attached to that loan and they paid it back and the company was back on its feet.  All these companies that took gov't money want out... and out FAST!!!! Overall.... they want to try and CONTROL systemic risk by removing variables and creating barriers to POTENTIAL uncalculated profit (risk).

In Sumation P.W., We are all very, very, frustrated right now with a great number of things; Money & Finances being a very large part of it, and the uncertainty of the future. The economy can not grow forever; I'd rather see leveling off periods myself to actually catch my breath. When you decide to regulate certain parties and that becomes law, someone or forces of law, and I'm sure you know this, will press the envelope and attempt to use this against lesser degree's of pay; say structured commision agreements?? If the people don't place a choke collar on our Rottweiler, the Government, and pull the leash reall tight.... we will lose what many have fought for over the last 230 years.

Something very wrong is going on in this country and it makes me sick to my stomach.  I am frightened.  

CHANGE!!!

You liberal democrats will know before long what change really is. Once the government controls wages they will control when and when not you can wipe you butt too.

There is an increasing number of poeple in this country that are accustomed to hand outs and the more they get the more they expect to get. They believe that if the government controls a person's wage that had the guts to get up off his  butt and make something of himself. employ others, etc. that they will get more hand outs. WAKE UP AMERICA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!11

good!!!!! im glad they are controlling wages of ceos while there company goes bankrupt and they lay off workers they still get their bonuses they are greedy and will cut their grandmothers throat for a profit and lay off their hardworking employees so they can keep their private jets and summer homes in the hamptons God Bless President Obama for standing up for AMERICANS who are honest and hardworking people whos families have members in the military to fight for our country, These greedy and corrupt Ceos and business people have almost ruined everything western civilization has built once unemployment hits 10% and around september when extended benefits start to run out and no one can find a job and people r hungry it wont be good for THE RICH who will be living in their nice houses with the smell of food in the air and who will you hire for security when states cant pay for the police force. you better hope Our President can fix this mess. God Bless America and President Obama for standing up to THE RICH and defeating them  

Why is an idiot like Barney Frank chiming in on this matter?  Wasn't he part of the mess?  The federal government couldn't manage a Little League team.  How is it going to manage in the Big Leagues?  Leave private industry private.  Enough socialism.  This is what happens when half the country gets its news through MTV and the biased networks and votes based on sound bites and hearsay.  Leave the execs and all the rest of us alone!

The American People, (as a whole), can see just what the Government is up to.  Ford will have the cars on the market that the public want to buy.  GM will have to build what the Government thinks or wants us to have.  So, it's up to us to pull ourselves up and vote the Government out of our Free Market before it's gone.

If the Government would have just paid us over 50 yrars old a million dollars and we had to buy a car and finish paying off the house and credit cards we wouldn't be in this TRILLION Dollar problem...Oh, Yea...we'd have spent about 40 Billion....that's all....hummmm....

well Big BOB just cant leave you guys alone because you are corrupt liars and you cant be trusted you out source AMERICANS JOBS to india and other countries to make you you bellies and wallets fatter think of all the income tax money being exported to other countries not because they are more qualified for the jobs but because they will work for less money and you want to make more money and more money your days are numbered and private industry should be managed by the government if it is corrupt and ruining the country and if the government cant manage anything they have managed this country for over 200 years MTV doesnt even report the news, you can have private industry until it infringes on AMERICA as a whole our country is way more important than private industry if the government wouldnt have taken control of the companies we would be in a utterly horrible depression and once people lose hope in this generation it would be a calamity and the only reason people hate socialism is because they are greedy and dont care about other human beings and if they have a job and are having the chance to not struggle and have a happy life, why dont you care about anyone but yourself?

Johnny5 - You are exactly the type of uneducated person I referred to.  Those that can't put a sentence together.  The type that want to tell the rest of us how to live.  Very scary!