Limiting Compensation??

I’m not one to discuss politics, but when I read that the Government is considering limiting executive compensation, it kind of makes the hair on the back of my neck stand-up. They are not only considering limiting the pay of those institutions that received TARP funds but also instituting broader mandates to limit compensation on all financial service firms.

Can this really be happening in the “Land of the Free and the Home of the Brave” the World leader of Free Markets, are we heading toward all out Socialism?

I am not a fan of what took place with companies handing out large bonuses after they have received billions in tax payer monies to keep them afloat. If these companies want to pass out their profits as compensation, so be it, the only ones this type of perfidy hurts are the shareholders. But don’t do it with taxpayer money.

I don’t profess to have a solution to this problem, but I do know this, I don’t want the government in my life any more than they absolutely have to be. I don’t want more government control, I’m looking for less. I’m not interested in giving away any more of my Freedom in lieu of more government control.
I’m an independent person, always have been and always will be. I have always fended for myself and will continue to do so. So lets knock off this nonsense about limiting compensation and all start taking care of ourselves.

Good Investing,

TC