Wall Streeters Want Our Pity -- Gimme a Break
Continued from previous page
The only problem with the president's compensation cap is that it has too many loopholes (it doesn't apply, for example, to the outsized paychecks going to the honchos of Citigroup, Bank of America and other giants that have already ripped us off for hundreds of billions of dollars in bailout money).
Congress should toughen it. But at least it finally lays an ethical marker that can begin to reverse the corporate culture of greed that has so severely harmed our country.
COPYRIGHT 2009 CREATORS SYNDICATE INC.
Jim Hightower is a national radio commentator, writer, public speaker, and author of the new book, " Swim Against the Current: Even a Dead Fish Can Go With the Flow ." (Wiley, March 2008) He publishes the monthly " Hightower Lowdown ," co-edited by Phillip Frazer.