Claire McCaskill (D-MO) introduced legislation Friday that would cap wages in companies that receive federal bailout funds.
If approved, “The Cap Executive Officer Pay Act of 2009” would require that no employee in such companies could earn more than the president of the United States ($400,000/yr.).
Riled, McCaskill railed on the Senate floor, saying,”We have a bunch of idiots on Wall Street that are kicking sand in the face of the American taxpayer… They don’t get it. These people are idiots. You can’t use taxpayer money to pay out $18 billion in bonuses.”
This is BEYOND the PALE. We’re not citizens, as John McCain prophetically misstated during his campaign, we’re “prisoners”.