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| House Likely To Vote On CEO Pay Bill |
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(AP) Barney Frank, US Representative of Massachusetts |
"Pay, no matter what job it is for, is and should be determined by the company policy makers. Our wonderful gov't should keep its long arms off." -- Randy S., Iowa
"Executive pay should become government business when business can dictate government pay! This seems more like a matter of bureaucrats being jealous of the benefits of 'private' enterprise." -- Rob, California
"Congress brought us the Alternative Minimum Tax, believed there were weapons of mass destruction in Iraq, and acted surprised when subprime lending blew up. Why would anyone want them involved in setting anyone's pay??" -- Mitch H.
"Absolutely not! A person is worth whatever he makes and the government has no right to limit that person’s salary, compensation and other benefits." -- Bill G.
"Ideally, the government should not be involved, BUT if business will not control an executive's pay, someone should. The executive's salary is not out of control, typically in the 1-2 million per year. Bonuses and stock option grants have spiraled out of control. The grants are too large, occur too often and vest too soon." -- Dave E., Michigan
"Who exactly is supposed to keep their hands out of the cookie jar? As a shareholder (owner) I have no say. They seem to hand pick the Board, who are pretty well all old buddies as far as I can see. Judging from the outrageous amounts of compensation most of the CEO's are getting the sky is the limit. Yes the government should step in!!" -- Ronald R.
"Executive pay is not the governments business, period!" -- Todd, Virginia
"If the CEO is employed by private firm it should not be the government's business how much they make because the IRS already taxes them on their income. However, if the CEO is a government employee using tax payer dollars, there should be some kind of cap on salaries." -- Angela L., Iowa
"Because the CEOs are draining corporate America of investor’s assets with their massive perks, then government must step in and help stabilize the run-away greed." -- Joe W., Texas
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