TNR has collected an assortment of quotes from leading Republicans on the hill about executive bonuses and boy are they a doozy. Remember how just a f
March 19, 2009

TNR has collected an assortment of quotes from leading Republicans on the hill about executive bonuses and boy are they a doozy. Remember how just a few weeks ago the thought of limiting executive compesation for corporate executives was pure socialism for Republicans?

"I really don't want the government to take over these businesses and start telling them everything about what they can do." Minority Leader Mitch McConnell told ABC News in February, when asked about Obama's proposed limits on executive compensation. Senator Jim DeMint, who attacked the original bailout bill as "pure socialism," characterized executive pay caps as a dangerous government intervention. "I think it's a sad day in America when the government starts setting pay, no matter how outlandish they [sic] are," DeMint told the Huffington Post. "This is just a symptom of what happens when the government intervenes and we start controlling all aspects of the economy." DeMint's right-wing compatriot, James Inhofe, also equated limits on compensation with the demise of the American way. "As I was listening to [Obama] make those statements I thought, is this still America? Do we really tell people how to run [a business], and who to pay, and how much to pay?"

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