
Yes, this is 1976 all over again. Next will come the Misery Index. Just wait and see. They now want to tell us all how to cope with Obama's war on prosperity. Here's the link if you can stop crying long enough to click on it.
‘‘(D)(i) A prohibition on such TARP recipient paying
or accruing any bonus, retention award, or incentive compensation
during the period in which any obligation arising
from financial assistance provided under the TARP remains
outstanding, except that any prohibition developed under
this paragraph shall not apply to the payment of longterm
restricted stock by such TARP recipient, provided
that such long-term restricted stock—
‘‘(IV) For any financial institution that received
financial assistance provided under the TARP equal
to $500,000,000 or more, the prohibition shall apply
to the senior executive officers and at least the 20
next most highly-compensated employees, or such
higher number as the Secretary may determine is in
the public interest with respect to any TARP recipient.
‘‘(iii) The prohibition required under clause (i) shall
not be construed to prohibit any bonus payment required
to be paid pursuant to a written employment contract
executed on or before February 11, 2009, as such valid
employment contracts are determined by the Secretary or
the designee of the Secretary.
"These kinds of irresponsible budgets — and inexcusable practices — are now in the past. For the first time in many years, my administration has produced a budget that represents an honest reckoning of where we are and where we need to go."