They Are Limiting Salaries Of Execs From Companies That Are Getting Bailout Monies......

[global1]

what about the money that these same companies have been spending on lobbying efforts? Will this be fair game? I heard something to the effect that these same firms spent $114 million lobbying last year. I don't want bailout money being used for lobbying efforts or even campaign contributions. I know that in a way this is killing the goose that laid the golden egg for Pols - but I don't want my tax dollars going out one door and coming in the back pocket of the same Pols that may be voting for this.

[billyoc]

1. They're not limiting shit.

The salary cap is voluntary. I shit you not.

[Christian30]

2. Two problems with this...

Corporations have the same legal status as people. Horrifying, I know. And the Courts have deemed that lobbying and campaign contributions are a form of speech protected by the 1st Amendment. Ergo, corporations have the same rights to lobby and make campaign contributions as people. Barring a court decision that a) reverses the "corporations are people" ruling or b) otherwise removes lobbying and contributions as speech, what you're proposing is unlikely.

[jeanpalmer]

3. They have ruled people have a right to contribute

but they haven't ruled that politicians have a right to take money. If the taking of money is defined as a bribe, which is what it is, and it is prohibited, then it will be illegal for a politician to take it. That's how you prevent this bribery bull-hit which is rampant. Define it as a bribe. Require every contact with a lobbyist to be filmed and available to the public over the internet. See, there is a way to stop this corruption, if there is a will.

[natrat]

4. but but president O said it was so

fucking whores the whole lot of them

[jeanpalmer]

5. $500,000 LOL

Keep fooling the public....

[Clear Blue Sky]

6. Salary only or is there a limit on stock options and other perks?