PJ Media

These good intentions will ultimately be harmful. The best and brightest will not accept such a ceiling on their earnings potential – they will apply their talents elsewhere, guaranteeing second or third rate performance in these quasi-government businesses.

I don’t condone the behavior of the CEO’s and bankers, but this sort government regulation will ultimately harm us all. I’d much rather see our politicians clean up their own acts first, rather than try to deflect attention away from their own misdeeds, incompetence, and derelictions of duty.