Friday, October 23, 2009

Pay Czar Feinberg, Not Obama, Behind Decision to Slash Executive Pay

Subject: txt 1st lbrty bbro - sclm -
White House pay czar Kenneth Feinberg was the driving force behind the move to order steep pay cuts from bailed-out executives, and did not even seek the president's approval before making his decision.

One official told Fox News that Feinberg from the start had the independent authority to work with companies and make such a call.

Obama was never required to sign off before final decisions were made...

[Got that? This Czar, appointed without any congressional oversight, which we've been told is ok because they don't really have any power, is stripping executives of 90% of their pay without the president (the president tells us) even knowing about it. The options are two: Obama's lying about his setting the direction of his czar, or lying about their being powerless.

"You decide." {I'll likely be using that phrase a lot for a while}]


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