The socialism just never ends with this administration, now the White House Set to appoint a pay Czar. Feinberg’s appointment could be announced as early as next week, when the administration is expected to release executive-compensation guidelines for firms receiving aid from the $700 billion Troubled Asset Relief Program. How long has this program been in effect?
The Obama administration plans to appoint a “Special Master for Compensation” to ensure that companies receiving federal bailout funds are abiding by executive-pay guidelines, according to people familiar with the matter.
The administration is expected to name Kenneth Feinberg, who oversaw the federal government’s compensation fund for victims of the Sept. 11, 2001, terrorist attacks, to act as a pay czar for the Treasury Department, these people said.
The Obama socialist administration cannot be taken seriously anymore as it has become obvious that they will be appointing a Czar for everything that they wish to control where they can bypass any Legislative process of confirmation for these people. So, we will put forth one of our favorite blogs, Scrapple Face, to discuss the newest Obama Czar …the Hall Monitor. Other future Czars … Teleprompter czar, Obama is now a Muslim czar and try and continue to BS America that Obama is not a socialist czar.
Later in the month, insiders say the president will appoint Esther Schultz, a retired woman from rural Pennsylvania, to serve as “Special Master of Hallway Traffic” to ensure that employees of bailed-out firms “remain at their desks during work hours, not out wandering the halls and getting into mischief.”
Mrs. Schultz, who for 73 years served as hall monitor at William H. Grimace High School, in Carbondale, got on the president’s short list of potential nominees largely on the strength of her ability to enunciate with authority the crucial question: “And where are you supposed to be, young man?”
read the rest at Scrapple Face …