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Worlds collided on Sunday and I found myself actually agreeing with George Will. Apparently, EVERYONE on the This Week with George Stephanopoulos agreed with George Will when he posited Will's Law:
WILL: Can I propose Will’s Law? We can all agree on this. Three liberals and Will. Will’s Law is that no company, such as JPMorgan now, or BearStearns, that is getting substantial subvention from the federal government shall be allowed to pay any of its executives for than the GS-15, that’s $124,000. That would stop the run to Washington.
REICH: That sounds pretty good to me.
[crosstalk]
REICH: Let me say one other thing. I think the Will’s Law ought to be expanded to include oil companies should not get extra money from the government, pharmaceutical companies should not have their research and development subsidized by the government. We should have no corporate welfare, at all in this country.
WILL: For it.
REICH: Well, good. Well, let’s go forward. I think we have a great deal of agreement.
Absolutely brilliant. Can you imagine how Kenny Boy Lay would have reacted if he had to accept a mere $124K during the Enron scandal?
