Sen. Claire McCaskill's Impassioned Speech On Executive Compensation
by Todd Beeton, Fri Jan 30, 2009 at 05:26:18 PM EST
Worth posting Claire McCaskill's tour de force impassioned announcement of her executive compensation bill on the Senate floor today.
"Going forward if you want taxpayers to help you survive, if you want the people at your financial institution to have a job tomorrow, then you're going to have to limit everyone's pay at your company to the same salary that the president of the United States makes," said McCaskill from the Senate floor. "Now once they're off the public dole, once the taxpayers aren't footing the bill, then it's not as much our business what they get paid. But right now they're on the hook to us. And they owe us something other than a fancy waste basket and $50 million jet."
Watch it below:
Thank you, Senator McCaskill.