At Least Bush Didn't Pretend....

So it seems this is the way the Obama administration is going to play the economic issues.....

Step 1: Obama and administration take a populist stance on controversial issue

Step 2: Political supporters applaud and thank the heavens Bush isn't in office any longer

Step 3 : Obama team enacts legislation but leaves wiggle room to change mind

Step 4: Noam Chomsky laughs at political supporters

Step 5: Obama team reverses hard stance

So it goes with executive pay. News is being circulated that the Obama administration is looking for ways around limiting executive pay, even after the stimulus package has been signed into law. Obama's team wanted to only limit bonuses to banks that receive "exceptional assistance" from the government. The Democrats wanted (and got) limits on any banks that receive bailout money. Guess who's got the last say?