Obama tells executives $500,000 is the limit!

You'd think the average American executive would want to help his/her country in its hour of need. You'd hope so, anyway. Instead they appear to be more like Mr. Drysdale sucking up to rich, inexperienced and naive investors. President Obama is quite right to tell these anti-social trough scoffers that the game is up as far as excessive pay and perks are concerned.

This is not directed at all excutives. Only those who have seriously screwed up and are sticking their fingers in the bailout bowl. I think the president is very much in order telling them that restraint is needed. After all $500,000 is still a fair whack for them to live off.

"People are still getting huge bonuses despite the fact that they’re getting taxpayer money, which I think infuriates the public," Obama has said. It does indeed. It also shows how out of touch these people are with reality. They portray the worst features of human greed and decadence. None of it is for the benefit of others. If it was, they wouldn't be begging for public funds.