[Hoot Gibson]

The Government gave these Companies the money to stay in business. Well "We Did" but as i was saying, why shouldnt they have any say in what the CEO's make? Cut his pay a bit and save some of the little men.

The federal government has no constitutional right to interfere with a legal contract between two parties. A bankruptcy court has the right to terminate contracts when one side cannot meet its contractual obligations - but this was not a case of bankruptcy. The federal government rushed cash to large companies who happened to be huge political donors without taking time to consider the unintended consequences of its actions.

When media accounts emerged disclosing the fact that large bonus payments were being made to managers of companies that had been bailed out, politicians like Obama were understandably embarrassed, but they had no legal right to unilaterally reduce or eliminate those payments that the companies had already committed to make under preexisting contracts.

Do you believe that a president should have the power to arbitrarily cut salaries of the employees of any company that receives federal funding or do you agree that we should have a government of laws and not of men?