Claire McCaskill was just on MSNBC making a case that those that came away with the Billions of bonuses recently, those people that begged for taxpayer money to bail out their failing companies, should be limited in their income to the amount that the Leader of the Free World makes: $400,000.
She is making great sense! She mentions that these financial leaders do not hold a harder job than the President, so why should they make more money? Her money Line was:
"If any of them think it is a hardship to take the salary of the President of the United States, I dare them to say it out loud, right now!"
She is introducing this bill today that will cap the salaries of the financial institution leaders. She states:
"We must have our financial institutions survive, but not with the culture that thinks it's OK to kick the taxpayer in the shin, while they drink Champaigne"
I agree with her when she said:
We should have done it in the first place, but I did not think any of these guys were that stupid!
She goes on to say that these people can make more, if their companies deem it fit, but NOT until every dime of the TARP money that they took is paid back to the tax payers.
Kudos to you, Sen. McCaskill! It's about time that someone does something about these Fat Cats!
UPDATE - Here is the video:
UPDATE 2 - Not sure why I can't embed the MSNBC video, so here is the link. If I find it on YouTube, I will post the video.
Kick 'em in the shin