It looks like you're using an Ad Blocker.

Please white-list or disable in your ad-blocking tool.

Thank you.


Some features of ATS will be disabled while you continue to use an ad-blocker.


Help ATS via PayPal:
learn more

Obama scraps fatcat pay cap.

page: 1

log in


posted on Jun, 18 2009 @ 05:40 PM
Sorry if this has already been posted.

Before you all start yelling about how it makes him look weak, it's not a stupid a scenario as you might imagine to back down on the proposed pay cap for Wall Street Pay Packages. It's a security measure. the Fat Cats of wall street would suddenly start to see attractive prospects overseas rather than in the US where US interests are best served by them being there. Yes it's a U-turn from his promise, but it's not an inordinately idiotic one for a change.

new topics

log in