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THEY are going to cap Realtors Pay next

By
Real Estate Agent with Home Real Estate

Well, I want to write this article to those Realtors who still have an ounce of common sense left. Our government is officially out of control and none of you seem to really care. Here is the latest doosie that Obama is proposing (and I told all of you that it was coming), here is his proposal to not just reign in the financial sector executive pay, he wants to do it to all sectors. Here is the Article: Government Control of Executive Pay

What is going to stop the government from saying that we make too much money as Realtors and so they will cap our compensation or determine what percentage commission we can charge? I have had about as much as I can take of the Obama madness at this point. Here is a snippet of the article:

 

"Democrats on the House Financial Services Committee said Thursday the administration's efforts to hector the private sector into reining in executive pay might not go far enough.

The administration contends that excessive compensation contributed to the U.S. financial crisis, but rejects direct intervention in corporate pay decisions.

Instead, the administration plans to seek legislation that would try to rein in compensation at publicly traded companies through nonbinding shareholder votes and less management influence on pay decisions.

"I do differ with the administration in that hope springs eternal and their position seems to be that if we strengthen the compensation committees we will do better," said the committee chairman, Rep. Barney Frank, a Democrat."

When will enough be enough for you? This president is running our country into bankruptcy with his reckless spending and destruction of private institutions in America. Do any of you think it is fair that instead of letting GM go bankrupt and then have to make adjustments, that the government came in and bought them and now is running the company. What does that mean for the private sector companies like Ford, Chrysler, Toyota and Honda? THIS IS COMPLETE INSANITY!!

Your indifference to this type of government intervention will cost you the quality of life that you enjoy today. Get ready for the government to tell you what you can and cannot do when they control health care. If you don't think they will put coverage limitations on those who smoke or are obese, think again. They do it in Europe! In Europe if you are too old, you can't get a hip replacement because they determine your quality of life and the cost of the surgery is not worth the benefit.

I apologize for the Rant, but it is time for all of us to break out of this trance and start raising our voices to curb some of the government insanity. While there is still time.

Sincerely,

Steven Wright

My Website

Mike Saunders
Retired - Athens, GA

Steven - while Obama's proposals are Mussolini like, the democratic congress is going well beyond them.

Jun 11, 2009 09:03 AM
Cherise Selley
Selley Group Real Estate, LLC - Colorado Springs, CO
Colorado Springs Realtor

Steven...it's like a veil is covering the eyes of the American people...before we know it, everything within our lives will be stolen...people don't understand some fundamentals about nationalization, in terms that no industry is exempt from being capped - including Realtors...i definitely agree with your views...Cherise

Jan 16, 2010 12:39 AM