{"id":1673,"date":"2009-07-30T07:40:26","date_gmt":"2009-07-30T15:40:26","guid":{"rendered":"http:\/\/hodakvalue.com\/blog\/?p=1673"},"modified":"2009-07-30T17:03:37","modified_gmt":"2009-07-31T01:03:37","slug":"who-doesnt-believe-in-incentives","status":"publish","type":"post","link":"http:\/\/hodakvalue.com\/blog\/who-doesnt-believe-in-incentives\/","title":{"rendered":"Who doesn&#8217;t believe in incentives?"},"content":{"rendered":"<p>Well, we have <a href=\"http:\/\/news.yahoo.com\/s\/ap\/20090728\/ap_on_go_co\/us_congress_executive_pay\">Barney Frank<\/a>:<\/p>\n<blockquote><p><em>You get hired for this very prestigious job and you get a salary, and now we have to give you extra money for you to do your job right?<\/em><\/p><\/blockquote>\n<p>This puts Mr. Frank to the left of <a href=\"http:\/\/quotes.liberty-tree.ca\/quotes_by\/albert+shanker\">Albert Shanker<\/a>, militant union leader of the United Federation of Teachers, and <a href=\"http:\/\/www.brainyquote.com\/quotes\/quotes\/n\/nikitakhru126015.html\">Nikita Khruschev<\/a>, leader of the Soviet Communist Party.<\/p>\n<p>His use of &#8220;we&#8221; might be viewed as a sense of financial services companies under TARP being an arm of the U.S. government.\u00a0 But in the context of his proposing to <a href=\"http:\/\/news.bostonherald.com\/business\/general\/view\/20090728barney_frank_pushing_tougher_rules_on_wall_street_pay\/srvc=business&amp;position=recent_bullet\">expand compensation regulation<\/a> to non-TARP firms, &#8220;we&#8221; can only be interpreted as evidence of his collectivist mindset, as if the bonuses paid to executives comes from the public at-large.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well, we have Barney Frank: You get hired for this very prestigious job and you get a salary, and now we have to give you extra money for you to do your job right? This puts Mr. Frank to the left of Albert Shanker, militant union leader of the United Federation of Teachers, and Nikita [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,5],"tags":[],"class_list":["post-1673","post","type-post","status-publish","format-standard","hentry","category-collectivist-instinct","category-executive-compensation"],"_links":{"self":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1673","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=1673"}],"version-history":[{"count":7,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1673\/revisions"}],"predecessor-version":[{"id":1700,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1673\/revisions\/1700"}],"wp:attachment":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/media?parent=1673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/categories?post=1673"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/tags?post=1673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}