Executive Compensation-Continued

The point i was making in my previous post was that how does the Pay Czar determine how much is too much for the executives of these financial institutions. Another point is that for example if we reduce the salaries of the Generals and the Judges of the Court as we may deem that they earn too much for example, are the going to abandon ship and go to another Court or Military. Although they may not have any choice but to continue, my point is that in this economy neither will these highly paid executives.

Even if these executives jump ship, there are enough talented people in these United States that can replace them and the economy would not collapse if they did go away in the first place.

But the Government should not interfere in the affairs of the private enterprise who have not taken any money from the tax payers, because as they say in Finance High risk leads to high return and it is necessary for the survival of the Capitalist or Market Based economy.

Rules and Regulations should be in place so that enough risk should be taken to exceed in the market place but not excessive or reckless risk. It is more easy said than done.

But i am sure we have enough experts to figure this thing out.

See you next time on Health Care.