McCain wants to limit execs to $400,000

McCain wants to limit execs to $400,000

It may be a populist move, but McCain was the first one to put a number to CEO compensation limits.

He can turn this election if he shouts this to every media person and voter in the United States.

Obama... your turn.  Can you top this?

[UPDATE] The main stream media don't seem to be covering this statement.  I wonder if they are delaying it until Obama can come up with a simular plan?  nahhhh.

Irony of the New York Times and New York City

The New York Times has an inordinate amount of influence on national politics considering they are the local newspaper of the crooks on Wall Street that made money off of the backs of main street.

How many factories are there in New York City?  How much food to they produce in New York City?  How much oil do they drill/produce in NYC?

Should we really trust the local newspaper of all these crooks?

Instead of the bailout...

I say screw the bailout.  Let's just pump money into AIG, since we already own it, and take over the credit industry.  So what if the other companies fail, we (the taxpayers) can just buy the assets on the cheap.  We would be one of the only players out there with enough capital to loan directly to the citizens.

Then after everything has shaken out, we just divvy the company up, giving every American a share, and let the free market take over.

I'd also like to see a 85% income/capital gains tax applied retroactively to every single CEO who has had a hand in this crisis.

50/50 vs 100

All else being equal, if we accept that Palin doesn't have any experience or expertise for federal government, then I think she is the perfect candidate for President.

I figure that on any given economic decision, she would have at least a 50/50 shot of getting it right, whereas the politicians currently in Washington running out economic policy have about 100% record of getting it wrong.

Charles Murray cracks me up...

Whether you agree with him or not, you have to admit that Charles Murray is funny as hell.

From his recent New York Times Magazine interview

What do you make of the fact that John McCain was ranked 894 in a class of 899 when he graduated from the U.S. Naval Academy? I like to think that the reason he ranked so low is that he was out drinking beer, as opposed to just unable to learn stuff.

I bet there are a significant number of people who spent their college years studying, who look back on it now and wish they drank more beer and got laid more often.  I don't see any of those other 893 people running for President or married to a millionairess.  

Like I have been saying, we need less experience and more common sense in government.