Pay Czar Limits Pay On Mid-level Employees

Obama’s “pay czar” Kenneth Feinberg has now targeted the  salaries of midlevel employees at bailed-out companies, with  hopes of having his salary caps adopted industry-wide.

The Obama administration’s pay czar announced on Friday new limits on the pay of middle-level executives at four firms that received government bailout assistance, capping base cash salaries for those employees at $500,000.

The new limits will cut pay for the 26th to 100th highest-paid employees at the four firms under his authority and mandate the form of the compensation and limit perks.

Kenneth Feinberg said he hopes the new pay guidelines will set the standard for U.S. compensation practices. The thrust of the guidelines is to tie executive compensation more closely to the performance of their firms.

The firms covered by the limits are American International Group (AIG 27.57, -1.36, -4.71%) , Citigroup (C 3.92, +0.05, +1.29%) , General Motors and GMAC (GMA 18.75, -0.10, -0.53%) . Chrysler and Chrysler Financial are not covered because they are not paying any employees at this level over $500,000.

In other news:

Feds to get a 2.0% raise, including locality pay

Hat tip: Michelle Malkin

Climate Change Is Dire National Security Issue Says President

While accepting his Nobel Peace Prize  in Oslo,  Obama stressed the importance and danger of  climate change:

“There is little scientific dispute that if we do nothing, we will face more drought, more famine, more mass displacement – all of which will fuel more conflict for decades,” and then he drew attention to the question of security in the climate problem:

“It is not merely scientists and environmental activists who call for swift and forceful action – it’s military leaders in my own country and others who understand that our common security hangs in the balance.

Uhhhh. Hokay.

In other news…

Obama to GOP: ‘Stop trying to frighten the American people’

Hat tip: Gateway Pundit


Soros Behind Massive Eco-Redistribution Scheme in Copenhagen

The ever vigilant Michelle Malkin reports:

Hmmmm. Left-wing radical billionaire George Soros has injected himself into the Copenhagen climate change talks. He is riding to the “rescue” of negotiators at loggerheads over the pricetag of global regulatory intervention to reduce greenhouse gas emissions.


The $10 billion a year proposed by rich nations to help the poor adapt to climate change is “not sufficient” and the gap between what’s offered and what’s needed could wreck the Copenhagen climate conference, American billionaire George Soros said Thursday…

Soros, one in a line of international notables visiting the 192-nation Copenhagen meeting, told reporters he had developed a partial solution on funding. The investor-philanthropist suggested shifting some International Monetary Fund resources from providing liquidity to stressed global financial systems to a new mission of financing projects in developing countries for clean energy and adapting to climate change. About $100 billion in a one-time infusion could be generated, said Soros, a major supporter of causes in the developing world. But he acknowledged a major roadblock in Washington.

“It is possible to substantially increase the amount available to fight global warming in the developing world,” he said. “All that is lacking is the political will. Unfortunately the political will will be difficult to gather because of the mere fact that it requires congressional approval in the United States.” Soros said he had “informal discussions” with Obama administration officials and they recognized the difficulty of getting congressional approval. But he said the issue was too important to sweep aside.

And we all know, Obama would never try to enact a policy by bypassing  congressional approval…

Environmental causes have long been of interest to Soros, who promotes the tenets of a radical environmentalism whose  ultimate goal  is “not clean air and clean water, [but] rather … the demolition of technological/industrial civilization”.

Environmentalism’s goal is not the advancement of human health, human happiness, and human life; rather, it is a subhuman world where “nature” is worshipped like the totem of some primitive religion.

Don’t believe me? Go check out what some members of the international, and influential organization, The Club of Rome, (of which Soros is a member) have to say about mother Gaia. Here are some  examples:

It is the responsibility of each human being today to choose between the force of darkness and the force of light. We must therefore transform our attitudes, and adopt a renewed respect for the superior laws of DIVINE NATURE. – Maurice Strong

In 1991 Strong wrote the introduction to a book published by the Trilateral Commission, called Beyond Interdependence: The Meshing of the World’s Economy and the Earth’s Ecology, by Jim MacNeil. (David Rockefeller wrote the foreword). Strong said this: “This interlocking is the new reality of the century, with profound implications for the shape of our institutions of governance, national and international. By the year 2012, these changes must be fully integrated into our economic and political life.

He also recently authored a book called ‘Where on Earth are We Going? in which he outlines a doomsday scenario of what will soon happen to Gaia unless there is “an immediate and total global transformation.” His predictions make Al Gore seem like an optimist. He claims that humanity will not survive the next 30 years on its current course.

Al Gore:

The fate of mankind, as well as of religion, depends upon the emergence of a new faith in the future.’ Armed with such a faith, we might find it possible to resanctify the Earth.” – Earth in the Balance

This we know: the Earth does not belong to man, man belongs to the Earth. All things are connected like the blood that unites us all.” Earth in the Balance, page 259.

On the back cover of Earth in the Balance the well-known New Ager M. Scott Peck states: “Earth in Balance is a brilliantly written, prophetic, even holy book, clearly pointing the way we need to change to assure the survival of our children. I pray it will have the dramatic impact it deserves – and must have for our collective salvation.”

It’s more than a little unsettling that such high level moonbattery is driving the world’s environmental policies.


The Club Of Rome:A Major Force Behind Global Warming Alarmism And its Push For A New World Order

The Nefarious Left-wing Cabal Behind Climate Research (UPDATED)