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	<title>Comments on: Twentysomething: Obama&#039;s salary caps should cap hours too</title>
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	<link>http://blog.penelopetrunk.com/2009/02/09/twentysomething-obamas-salary-caps-should-include-hours-worked/</link>
	<description>Advice at the intersection of work and life</description>
	<lastBuildDate>Thu, 09 Feb 2012 16:29:23 +0000</lastBuildDate>
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		<title>By: Track Lighting Kits `</title>
		<link>http://blog.penelopetrunk.com/2009/02/09/twentysomething-obamas-salary-caps-should-include-hours-worked/comment-page-1/#comment-233244</link>
		<dc:creator>Track Lighting Kits `</dc:creator>
		<pubDate>Mon, 11 Oct 2010 17:45:26 +0000</pubDate>
		<guid isPermaLink="false">http://blog.penelopetrunk.com/?p=2116#comment-233244</guid>
		<description>my gambling problem have become uncontrollable in the past few years and i had to get a therapist to control it~&quot;&quot;</description>
		<content:encoded><![CDATA[<p>my gambling problem have become uncontrollable in the past few years and i had to get a therapist to control it~&#034;"</p>
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		<title>By: Work less, get less. France isn’t the solution. &#171; Fabulously Broke in the City</title>
		<link>http://blog.penelopetrunk.com/2009/02/09/twentysomething-obamas-salary-caps-should-include-hours-worked/comment-page-1/#comment-232763</link>
		<dc:creator>Work less, get less. France isn’t the solution. &#171; Fabulously Broke in the City</dc:creator>
		<pubDate>Sun, 03 Oct 2010 14:33:03 +0000</pubDate>
		<guid isPermaLink="false">http://blog.penelopetrunk.com/?p=2116#comment-232763</guid>
		<description>[...] Trunk re-posted a letter from Bill, asking that Obama cap the hours as well as the [...]</description>
		<content:encoded><![CDATA[<p>[...] Trunk re-posted a letter from Bill, asking that Obama cap the hours as well as the [...]</p>
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		<title>By: Deb</title>
		<link>http://blog.penelopetrunk.com/2009/02/09/twentysomething-obamas-salary-caps-should-include-hours-worked/comment-page-1/#comment-182917</link>
		<dc:creator>Deb</dc:creator>
		<pubDate>Tue, 24 Mar 2009 11:59:24 +0000</pubDate>
		<guid isPermaLink="false">http://blog.penelopetrunk.com/?p=2116#comment-182917</guid>
		<description>The most apt comment till now, something I was on the verge of saying.  Would the &#039;wounded capitalist&#039; stand for his co. going into liquidation then, putting paid to all his 62-hour weeks?!</description>
		<content:encoded><![CDATA[<p>The most apt comment till now, something I was on the verge of saying.  Would the &#039;wounded capitalist&#039; stand for his co. going into liquidation then, putting paid to all his 62-hour weeks?!</p>
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		<title>By: Deb</title>
		<link>http://blog.penelopetrunk.com/2009/02/09/twentysomething-obamas-salary-caps-should-include-hours-worked/comment-page-1/#comment-182916</link>
		<dc:creator>Deb</dc:creator>
		<pubDate>Tue, 24 Mar 2009 11:54:56 +0000</pubDate>
		<guid isPermaLink="false">http://blog.penelopetrunk.com/?p=2116#comment-182916</guid>
		<description>But Angie, while shareholder voting maybe a good idea, IMHO it circulates back to the origin of the whole thing.  That the companies concerned decided on incentive-based pay, which incentivised the concerned executives to take more and more risks to maximise their incentives, which landed everyone in the current soup.  So while co. shareholders can of course vote on the compensation of their executives, it has to do with the wider risk of the same companies having to access public funds later to prop themselves up.  It&#039;s not contained within the co. any more.</description>
		<content:encoded><![CDATA[<p>But Angie, while shareholder voting maybe a good idea, IMHO it circulates back to the origin of the whole thing.  That the companies concerned decided on incentive-based pay, which incentivised the concerned executives to take more and more risks to maximise their incentives, which landed everyone in the current soup.  So while co. shareholders can of course vote on the compensation of their executives, it has to do with the wider risk of the same companies having to access public funds later to prop themselves up.  It&#039;s not contained within the co. any more.</p>
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		<title>By: Jess</title>
		<link>http://blog.penelopetrunk.com/2009/02/09/twentysomething-obamas-salary-caps-should-include-hours-worked/comment-page-1/#comment-182763</link>
		<dc:creator>Jess</dc:creator>
		<pubDate>Fri, 20 Mar 2009 01:11:59 +0000</pubDate>
		<guid isPermaLink="false">http://blog.penelopetrunk.com/?p=2116#comment-182763</guid>
		<description>Absolutely.  These kids make a choice to sacrifice their life for the chance to become Gordon Gekko.. Don&#039;t think for a minute that they are not entirely aware of what they are signing up for.</description>
		<content:encoded><![CDATA[<p>Absolutely.  These kids make a choice to sacrifice their life for the chance to become Gordon Gekko.. Don&#039;t think for a minute that they are not entirely aware of what they are signing up for.</p>
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		<title>By: وظائف خالية</title>
		<link>http://blog.penelopetrunk.com/2009/02/09/twentysomething-obamas-salary-caps-should-include-hours-worked/comment-page-1/#comment-182760</link>
		<dc:creator>وظائف خالية</dc:creator>
		<pubDate>Fri, 20 Mar 2009 00:43:17 +0000</pubDate>
		<guid isPermaLink="false">http://blog.penelopetrunk.com/?p=2116#comment-182760</guid>
		<description>I&#039;m with you, Dale

Why we don&#039;t figure out a way to work smarter, instead of asking someone to do it for us?

Great Point!</description>
		<content:encoded><![CDATA[<p>I&#039;m with you, Dale</p>
<p>Why we don&#039;t figure out a way to work smarter, instead of asking someone to do it for us?</p>
<p>Great Point!</p>
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		<title>By: Eileen</title>
		<link>http://blog.penelopetrunk.com/2009/02/09/twentysomething-obamas-salary-caps-should-include-hours-worked/comment-page-1/#comment-182753</link>
		<dc:creator>Eileen</dc:creator>
		<pubDate>Thu, 19 Mar 2009 22:50:27 +0000</pubDate>
		<guid isPermaLink="false">http://blog.penelopetrunk.com/?p=2116#comment-182753</guid>
		<description>If a bank is getting government bailout money, then the government can set conditions for receiving that bailout money. What&#039;s the problem?</description>
		<content:encoded><![CDATA[<p>If a bank is getting government bailout money, then the government can set conditions for receiving that bailout money. What&#039;s the problem?</p>
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		<title>By: Steward</title>
		<link>http://blog.penelopetrunk.com/2009/02/09/twentysomething-obamas-salary-caps-should-include-hours-worked/comment-page-1/#comment-181616</link>
		<dc:creator>Steward</dc:creator>
		<pubDate>Fri, 27 Feb 2009 16:25:19 +0000</pubDate>
		<guid isPermaLink="false">http://blog.penelopetrunk.com/?p=2116#comment-181616</guid>
		<description>Maybe we should be looking at the paycaps for executives this way:

Another bank swoops in and saves another bank from utter destruction.  The saving bank doesn&#039;t like how the bank is run so they fire some crappy employees and cut what they feel like are bloated salaries.  The general public sits back and applauds the shrewd management of the saving bank.  They picked up some good assets (presumably) and get rid of some corporate fat.

But if we make the government the saving bank we cry like puppies about socialism and the end of America dream.

Banks failed because their employees failed.  Bank employees should pay for their failure, not tax payers who bailed them out.</description>
		<content:encoded><![CDATA[<p>Maybe we should be looking at the paycaps for executives this way:</p>
<p>Another bank swoops in and saves another bank from utter destruction.  The saving bank doesn&#039;t like how the bank is run so they fire some crappy employees and cut what they feel like are bloated salaries.  The general public sits back and applauds the shrewd management of the saving bank.  They picked up some good assets (presumably) and get rid of some corporate fat.</p>
<p>But if we make the government the saving bank we cry like puppies about socialism and the end of America dream.</p>
<p>Banks failed because their employees failed.  Bank employees should pay for their failure, not tax payers who bailed them out.</p>
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		<title>By: Margaret</title>
		<link>http://blog.penelopetrunk.com/2009/02/09/twentysomething-obamas-salary-caps-should-include-hours-worked/comment-page-1/#comment-181366</link>
		<dc:creator>Margaret</dc:creator>
		<pubDate>Sun, 22 Feb 2009 16:47:44 +0000</pubDate>
		<guid isPermaLink="false">http://blog.penelopetrunk.com/?p=2116#comment-181366</guid>
		<description>Brandeis did say a lot about money, finance, and labor relations that apply today. He&#039;s a giant. I wish he were not so overlooked. There are a few excellent biographies including one that is coming up by Melvin Urofsky.</description>
		<content:encoded><![CDATA[<p>Brandeis did say a lot about money, finance, and labor relations that apply today. He&#039;s a giant. I wish he were not so overlooked. There are a few excellent biographies including one that is coming up by Melvin Urofsky.</p>
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		<title>By: Stacey</title>
		<link>http://blog.penelopetrunk.com/2009/02/09/twentysomething-obamas-salary-caps-should-include-hours-worked/comment-page-1/#comment-181331</link>
		<dc:creator>Stacey</dc:creator>
		<pubDate>Sat, 21 Feb 2009 20:44:42 +0000</pubDate>
		<guid isPermaLink="false">http://blog.penelopetrunk.com/?p=2116#comment-181331</guid>
		<description>Why are most people assuming that he&#039;s serious? He sounds sarcastic to me. Look at his word choice: the outdated american dream, nip capitalism in the bud. He&#039;s using the ridiculous idea of being forced to work fewer hours to put down obama&#039;s pay cap.</description>
		<content:encoded><![CDATA[<p>Why are most people assuming that he&#039;s serious? He sounds sarcastic to me. Look at his word choice: the outdated american dream, nip capitalism in the bud. He&#039;s using the ridiculous idea of being forced to work fewer hours to put down obama&#039;s pay cap.</p>
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