Compensation Czar? How Bizarre... and Scary!

I listened in amazement to the radio broadcast the other day.

"The Obama administration has announced that Kenneth R. Feinburg will be the new Compensation Czar."

Compensation Czar?!

Did I hear that right?! It couldn't be! Not here in the 21st Century in the United States of America. No way!

And yet, the announcer said it as if this were just....normal.

Chills ran down my spine.

Did I miss something here? Am I now living in Soviet Russia?!

The term "Compensation Czar" should send chills down every American spine.

The alarm is certainly going off in my head: Danger, Will Robinson!

I am amazed that the American public is not outraged by this.

Have we become numb? Are we asleep? Not paying attention?

Is the American public convinced that "those rich people" didn't deserve what they were getting?

Do they believe that having government officials appoint someone to control the compensation of "those rich people" makes perfect sense?!

I fear it is the latter and that is what is most scary.

People - even smart people - just seem to be saying: "Oh well...I guess Obama knows what is best. He's so smart. He'll take care of everything."

I listened with amazement at the lack of discussion of this as I have gone through my business in the last couple of days.

Where is the outrage?

Where is the fear?

My fellow Americans, we are treading down a slippery slope indeed when the president of the United States - or ANY government official - can have direct influence on what ANY private American citizen earns in his or her role as an employee of ANY company.

Forget Separation of Church and State.

How about Separation of Business and State?!

The truth is that a significant reason the financial institutions and automobile industry is experiencing such financial woes is that Washington bureaucrats tried to tell the executives of these companies how to run their business in the first place.

In 1975, Ayn Rand warned us: "One of the methods used by statists to destroy capitalism consists in establishing controls that tie a given industry hand and foot, making it unable to solve its problems, then declaring that freedom has failed and stronger controls are necessary."

Indeed, government-dictated lending and union policies had a much greater negative affect on these companies than the compensation packages of a few highly paid executives.

These executives merely implemented the directives given them by government.

Now the government fat-cats come along and say "we see that you did what we TOLD YOU to do" but that didn't work. Therefore, YOU are to blame."

This is simply nonsense.

Did we all just step through the Looking Glass?

Is this country being run by a bunch of Mad Hatters?!

Wake up America!

I have no desire to live in a socialist country.

I'm scared.

I think I'll go watch Friday the 13th.

It can't be any scarier than the latest radio broadcast.