John Henry gets his wish, and he didn’t even have to negotiate with the union!
With the debate over AIG executive bonuses nearly bringing official Washington to a standstill in the past three weeks, the Obama administration today expanded its plan to control Wall Street executive pay, adding provisions to limit compensation for star performers in the National Football League (NFL), National Basketball Association (NBA) and Major League Baseball (MLB).
“Some of these sports stars, like AIG execs, have negotiated sweetheart deals paying them millions of dollars, and yet they lose games,” said White House spokesman Robert Gibbs. “The president shares the outrage of the American people at these obscene salaries and bonuses. There’s nothing that makes the little people feel littler than the thought of these fat cats getting fatter just because that have specialized skills that are in high demand in a free-market economy.”
No word yet on a cap on ticket prices. 
Posted by David Pinto at 10:36 am | Humor | Permalink | 5 Comments
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March 22nd, 2009 @ 11:51 am
What’s fair is fair. No more pay for play, compensation tied strictly to performance is the only way to move forward.
We owe the AIGs and Bear Sterns and Citigroups of the world a huge thank you. I feel like Joliet Jake in the church:
Reverend Cleophus James: DO YOU SEE THE LIGHT?
Reverend Cleophus James: HAVE YOU SEEEEN THE LIGHT?
Jake: YES! YES! JESUS H. TAP-DANCING CHRIST… I HAVE SEEN THE LIGHT!
March 22nd, 2009 @ 12:25 pm
LOL.
Go after Hollywood next.
March 22nd, 2009 @ 1:47 pm
This is totally absurd.
So these guys who work their tails off their whole lives have to accept lower salaries so that some other richer guy can pocket more money.
Is Obama a communist or something?
March 22nd, 2009 @ 3:55 pm
Um, I know you tagged this humor David, but just to be clear, the article was a satire.
March 22nd, 2009 @ 6:24 pm
Thank God