Pay For Performance Bill Moving to Control Wages. Your’s are Next!
Tuesday, March 31st, 2009A little heard of bill just left Barney Frank’s House Banking Committee, “Pay for Performance Act of 2009″, that will impose salary and wage limitations on all incomes on anyone receiving government loans, TARP money, or assistance. Additionally, Treasury Secretary Geithner would get power to determine wages for every business in the nation. How do you like that Government takeover of American freedom now?
As reported today in the Washington Examiner:
The purpose of the legislation is to “prohibit unreasonable and excessive compensation and compensation not based on performance standards,” according to the bill’s language. That includes regular pay, bonuses — everything — paid to employees of companies in whom the government has a capital stake, including those that have received funds through the Troubled Assets Relief Program, or TARP, as well as Fannie Mae and Freddie Mac.
The measure is not limited just to those firms that received the largest sums of money, or just to the top 25 or 50 executives of those companies. It applies to all employees of all companies involved, for as long as the government is invested. And it would not only apply going forward, but also retroactively to existing contracts and pay arrangements of institutions that have already received funds.
In addition, the bill gives Geithner the authority to decide what pay is “unreasonable” or “excessive.” And it directs the Treasury Department to come up with a method to evaluate “the performance of the individual executive or employee to whom the payment relates.”
Well folks, this is what you voted for and this is “change” you better not believe in because it is happening right in the bastion of freedom and liberty. Are we as a nation going to sit still, and allow this legislation to pass through the halls of Congress and become law with the Presidents signature? What is going to stop these power greedy Democrats from actually doing it? Sit still because the answer is easy.
NOTHING.
This “new” Administration is seeking unprecedented powers that are going to result it 100% Socialism for the United States of America. The takeover of GM, the proposals for cap and trade energy plans, the regulatory controls over banks and lenders, the continual creating of massive debt and the resulting printing of money is leading us to a cauldron of every single person dependent on government for every single thing we now enjoy freely. Then let’s add health care to the mix and guess what- we are now the United SOCIALISTS State of America with government in control of nearly every single aspect of your life.
This nation is facing a sinister and far more devious attempt to seize power from the very government we entrusted to protect our liberty and our freedom. Instead, they have reached the point where absolute control over individual lives is their goal. There can be no doubt in anyone’s mind that based on legislation that has been introduced, passed, and enacted into law, that this is the goal. If this is the government you bargained for and desire, then simply click that little “X” in the upper right corner and go away. It was your type that put this nation at the brink of complete tyranny with the election of a Socialist Administration and Congress. There can be no hiding the agenda and no hiding the goals and desires of these people YOU elected. Your welcome here is hereby REVOKED and I am asking you to leave.
On April 15th, 2009 in cities all over this nation there is going to be a “Tax Day Tea Party”. I ask that you make plans to attend and to make you voice heard. For information on the location near you, visit the Tax Day Tea Party website. IF you want to organize one in your town, the infomation is there for you to do just that. Volunteers are needed for this grassroots effort and it MUST succeed and will with your support.
Perhaps this is the first step to gaining the attention of Congress. Perhaps not. My fear is that we are going to be facing the “Next American Revolution” in this nation when legislation, such as the above, is actually even considered for passage. Americans have notoriously been smart enough to make their voices known at the ballot box. I am not so sure we are going to be able to wait that long. This government, being ran by Socialists/Liberals/Democrats, is in deep trouble as more and more direct assaults on YOUR freedoms and liberties are happening everyday in the hallowed halls of the Capital. I can imagine that our Founders would be at the head of the crowd calling for the NEXT revolution. I can also imagine that Jefferson would be the very first to call for using those Second Amendment rights to eliminate the scourge of tyranny from our government. We the people, MUST make government fearful of US. Either you will sit on your hands and do nothing, or you will get involved and stop this madness. Take the first, peaceful step, and attend the Tax Day Tea Party rally near you.
While you are here, take the time to also sign the Redress of Grievances Petition. Then tell someone else why you signed it and ask them to do the same. Unless we are able to take our issues directly to the Congress, I fear they are not going listen otherwise. YOUR voice will count and more so this time than perhaps your vote on election day would count. The crossroads for this nation is right here and now. Either we are going to maintain the freedom and liberty as promised by our Constitution or we are going to allow the Socialists/Liberals to remove every single aspect of life from you as you might enjoy today.
If you don’t get involved and reclaim this nation for YOUR children and grandchildren, then what you will end up with will be a far cry from the nation we live in this very moment. At the rate this government is heading, in two weeks, it might be not be recognizable, much less the country of liberty and freedom.
Sphere: Related Content