Not hiding from the title anymore Obama brazenly and publicly embracing the Socialist mantra by nationalizing the operations of banks. Now that classic pinko folks. No question or ambiguity about it.
The Obama administration will order the companies that received the most aid to deeply slash the compensation to their highest paid executives, an official involved in the decision said on Wednesday.
read the rest here… U.S. Said to Order Deep Pay Cuts at Bailed-Out Companies – Politics and Government * US * News * Story – CNBC.com.