Pelosi and Barney Strike Yet Again

Today's latest travesty goes something like this. Barney and the House Finance Committee have introduced another doozie. It seems that Sec. "Turbo Tim" Geithner will now have the power to determine the compensation for every employee in a company receiving TARP $$$. We are assured by Rep. Grayson of Florida that only unreasonable, extravagant compensation will be limited. What are the guidelines? Turbo Tim has full discretion to decide on what is fair - no limits, no guidelines.

A wonderful exchange took place between Neil Cavuto and Rep. Grayson on CNBC this afternoon. It is worth a look see.