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Wednesday, August 19, 2009

THE BEST GOVERNMENT IS CAPEABLE OF

Taxpayer money is invested in a corporation. This gives government the right to set compensation for the executives of that corporation. If the corporation is a publicly traded company, that did not accept taxpayer money, the stockholders have no voice in compensation. Congress who has proven incapable of running anything efficiently much less profitably is behind this madness.

Now consider major league baseball and the National football league. Congress exempts these from monopoly laws. Many stadiums, if not all, are built with taxpayer money. Athletes are paid whatever they can negotiate. Brett Favre just signed for $12 million for the year. Congress is bent out of shape over the new AIG ceo getting $7 million.

A ball player who hits for a 300 average can make $20 million a year, a company ceo must be right all the time to earn $7 million and a congressman who is never right, is paid $175,000 a year. If the ballplayer has a bad year he might be traded or his contract will not be renewed. The ceo that fails is soon fired. For some strange reason the incompetent congressman gets re-elected.

Joel Brandes

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