{"id":1772,"date":"2009-08-17T05:43:35","date_gmt":"2009-08-17T13:43:35","guid":{"rendered":"http:\/\/hodakvalue.com\/blog\/?p=1772"},"modified":"2009-08-17T05:46:57","modified_gmt":"2009-08-17T13:46:57","slug":"anything-is-possible-under-the-law","status":"publish","type":"post","link":"http:\/\/hodakvalue.com\/blog\/anything-is-possible-under-the-law\/","title":{"rendered":"&#8220;Anything is possible under the law&#8221;"},"content":{"rendered":"<p>The speaker is <a href=\"http:\/\/www.reuters.com\/article\/newsOne\/idUSTRE57G0E820090817\">&#8220;Pay Czar&#8221; Kenneth Feinberg<\/a>.\u00a0 The law he is referring to are the compensation clauses under the TARP legislation passed last September and February.<\/p>\n<p>What does &#8220;anything is possible under the law&#8221; mean?\u00a0 I thought laws were supposed to delineate what was not permissable.\u00a0 Feinberg clarifies what &#8220;Pay Czar&#8221; means:<\/p>\n<blockquote><p><em>&#8220;The statute provides these guideposts, but the statute ultimately says I have discretion to decide what it is that these people should make and that my determination will be final,&#8221; Feinberg said.<\/em><\/p>\n<p><em> &#8220;The officials can&#8217;t run to the Secretary of Treasury. The officials can&#8217;t run to the court house or a local court. My decision is final on those individuals.&#8221;<\/em><\/p><\/blockquote>\n<p>Man.\u00a0 I wonder if this means that he can also fend off the <a href=\"http:\/\/hodakvalue.com\/blog\/?p=1753\">green-eyed monster<\/a> we call Congress?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The speaker is &#8220;Pay Czar&#8221; Kenneth Feinberg.\u00a0 The law he is referring to are the compensation clauses under the TARP legislation passed last September and February. What does &#8220;anything is possible under the law&#8221; mean?\u00a0 I thought laws were supposed to delineate what was not permissable.\u00a0 Feinberg clarifies what &#8220;Pay Czar&#8221; means: &#8220;The statute provides [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,25],"tags":[],"class_list":["post-1772","post","type-post","status-publish","format-standard","hentry","category-executive-compensation","category-reporting-on-pay"],"_links":{"self":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1772","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=1772"}],"version-history":[{"count":3,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1772\/revisions"}],"predecessor-version":[{"id":1774,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1772\/revisions\/1774"}],"wp:attachment":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/media?parent=1772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/categories?post=1772"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/tags?post=1772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}