Are we citizens of the United States? Capitalism is driven by a strong entrepreneurial spirit and those who take risk improve their chances of earning large financial rewards. The banking and investment banking industries create the greatest opportunities for highly intelligent risk takers to generate outsize profits. Such gains usually result in the growth of one's personal net worth. It all falls under the concept of risk/reward. So how can the Obama administration try to punish success and the entrepreneurial spirit? The President wants to control the pay of individuals in the financial industry regardless of whether the institution received TARP funds. If we allow this to happen, what else will we let the Government control?
Most Americans love their freedom and the freedom to "earn" a very large income should not be limited by government. This is not a Socialistic society and we should not allow the government to move us in that direction. This country has enough problems to deal with from Social Security to Health Care to the stability of the financial system so we must let the free enterprise system keep capitalism alive.
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