Mr. President, How Much Can I Pay My Workers?

The NY Times has an article on the Obama administration seeking to extend its power by deciding how much money a private company can pay their employees.

Neal Boortz found one line in the Times article of particular interest.

“In the past, banks had free rein to determine the base salary and bonuses they awarded their employees.”

My goodness, the audacity of a private company to think they can decide how much to pay an employee! Everyone knows that’s the purview of the White House.