[Hoot Gibson]

If i am not mistaken, The Bush Admin gave the bailout packages? Correct?

The Government bailed out these companies, To save Jobs? For Personal Interest? Idk, Your Administration did it. Either Way these CEO's, and Managers were making to much money, Leaving the little man to fend for Himself. So Yes i believe the government should be able to alter there pay after having a financial role in the company.

That is a scary answer and one that our forefathers feared. That is why it would be unconstitutional for the Pay Czar to change the terms of contracts between companies and their employees, regardless of whether the federal government decides to pump money into a company.

FYI, Feinberg's position is the same as mine on this issue. You apparently share the same position as Hugo Chavez. Feinberg gave employees the option of taking "voluntary" pay cuts or having their future income slashed, income which would not be subject to legal contracts. Feinberg acknowledged that the Obama regime had no constitutional right to interfere with existing compensation contracts.

The rule of law is what separates this country from banana republics like Venezuela and Nicaragua. You are entitled to your opinion but you are advocating an extremely dangerous precedent. No president should have the power to unilaterally set aside contracts.