Obama's Proposals: Closing the Gate After the Horse is in the Next County

"The Obama executive compensation restrictions for bailout fund recipients have been leaked, and may be long enough on appearances to appease an angry US electorate. But the shortcomings of the supposedly tough plan, with a pay cap of $500,000 (plus stock dividends, if any) are many, even though some executive comp stooges experts dutifully declaimed how truly awful and unreasonable it was"