When The Government Controls Salaries: BIG Business Change

So here we go: The government is finally going to do what everyone thought they would do months ago: it’s time to control bankers’ compensation packages. Talk about Business Change!

Start here: I think these guys make WAY too much and there’s NO reasonable way to justify it.

Continue: as “investors”, the government has every right to have and attempt to put forth/impose an opinion.

But combine those statements with federal position when Goldman Sachs et.al. started showing good numbers again. There was an outcry, and they said that the goal of the bailout was SO good results would happen, and the position that the government needs to intervene at all fell down, hard.

What’s lacking is consistency. And even in change, consistency matters