Sen. Claire McCaskill says ...

8 Words of Wisdom for 2/3/2009 #3

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. 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.

- Sen. Claire McCaskill on the floor on the Senate.

The most important point here is that this would be a condition of receiving taxpayer money. I heard a conservative deriding this as "socialism", but you know what, if we are paying to help these companies out, even if we are doing it for our own self interests, then we should have a say in how things are run. Good for you Senator! More, please.