Saturday, 24 October 2009
Time to make them pay
Obama has got his pay tsar. So let's tax crazy profits here | Polly Toynbee | Comment is free | The Guardian: "'Learn to tolerate inequality,' said Lord Griffiths, vice-chairman of Goldman Sachs, Mrs Thatcher's hyper-Hayekian economic adviser and lay preacher, speaking at St Paul's cathedral. At least he confronted the question head on: is that what people want? Someone should ask them. If President Barack Obama can have a 'pay tsar', cutting cash salaries of bailed-out company executives by 90%, why can't we? Better still, a high pay commission, examining differentials, probing the dangerous madness of all this."
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