{"id":1653,"date":"2009-07-27T08:11:13","date_gmt":"2009-07-27T16:11:13","guid":{"rendered":"http:\/\/hodakvalue.com\/blog\/?p=1653"},"modified":"2009-07-27T08:17:34","modified_gmt":"2009-07-27T16:17:34","slug":"obamas-chief-bank-hr-officer-goes-to-work","status":"publish","type":"post","link":"http:\/\/hodakvalue.com\/blog\/obamas-chief-bank-hr-officer-goes-to-work\/","title":{"rendered":"Obama&#8217;s Chief Bank HR Officer\/Pay Czar goes to work"},"content":{"rendered":"<p>This paragraph <a href=\"http:\/\/online.wsj.com\/article\/SB124865384313282569.html#mod=rss_whats_news_us\">says it all<\/a>:<\/p>\n<blockquote><p><em>With public anger high over the rich pay packages awarded to some financial executives, Mr. Feinberg must walk a fine line between curbing pay at companies benefiting from taxpayer funds while not squeezing compensation so hard that it hurts the ability of companies to lure talent.<\/em><\/p><\/blockquote>\n<p>Mr. Feinberg is nicknamed the &#8220;Pay Czar,&#8221; no doubt because the Czar was <a href=\"http:\/\/en.wikipedia.org\/wiki\/Nicholas_II_of_Russia\">such an inspiration<\/a> in making the right trade-offs between populist demands and economic needs.<\/p>\n<p>The irony is that Feinberg&#8217;s grandparents, like my own, may very well have been folks who <a href=\"http:\/\/en.wikipedia.org\/wiki\/Pogroms\">escaped the Czar&#8217;s anti-semitic pogroms<\/a> in the early part of the last century.\u00a0 We wouldn&#8217;t dream of nicknaming to Feinberg an &#8220;Oberfuhrer.&#8221;\u00a0\u00a0 Perhaps a Commissar, Sotto Capo, or Underboss might be just as good.\u00a0 If not, why do so many people consider a &#8216;czar&#8217; such a desirable thing in a free country?<\/p>\n<div style=\"width: 510px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" title=\"Independence Czar\" src=\"http:\/\/www.cfif.org\/htdocs\/freedomline\/cartoon-corner\/IndependenceCzar-big.jpg\" alt=\"Sounds good to me\" width=\"500\" height=\"337\" \/><p class=\"wp-caption-text\">Sounds good to me<\/p><\/div>\n<p>Other <a href=\"http:\/\/townhall.com\/cartoons\/cartoonist\/MichaelRamirez\">Michael Ramirez cartoons<\/a><\/p>\n<p>HT:\u00a0 <a href=\"http:\/\/mjperry.blogspot.com\/\">Mike Perry<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This paragraph says it all: With public anger high over the rich pay packages awarded to some financial executives, Mr. Feinberg must walk a fine line between curbing pay at companies benefiting from taxpayer funds while not squeezing compensation so hard that it hurts the ability of companies to lure talent. Mr. Feinberg is nicknamed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,21,25],"tags":[],"class_list":["post-1653","post","type-post","status-publish","format-standard","hentry","category-executive-compensation","category-politics","category-reporting-on-pay"],"_links":{"self":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/comments?post=1653"}],"version-history":[{"count":6,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1653\/revisions"}],"predecessor-version":[{"id":1657,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1653\/revisions\/1657"}],"wp:attachment":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/media?parent=1653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/categories?post=1653"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/tags?post=1653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}