Warning - this is a little unhinged (even for me!)

I had to run a couple of errands tonight and I had NPR on the radio. I do that whenever I feel that my blood pressure is too low.

As I was leaving the grocery store they were interviewing the newly appointed Special Master of Compensation Kenneth Feinberg. I really only heard two brief parts of the session. All of the screaming and profanity drowned out the rest.

In one part, Feinberg was hitting the talking point the he is NOT a Compensation Czar. He made that point very clear because the American people would not accept a Compensation Czar.

He just has all the power and authority of a Compensation Czar - but they needed a more marketable title. Somewhere in the shouting and ranting about this I think I heard his title transformed into Special Masterbater - but I can't be sure it was a little incoherent.

In the other section I could make out, Feinberg and the interviewer were discussing his authority to recover money what he deems to be past excessive compensation. The NPR person asked how far he could go in recovering these monies. To the corporation, the stock holders or the individuals. Fienberg's response was that he could go as far he thought he should go.

There was a moment of stunned silence before a very loud scream of "WTF." What follwed made reference to the F'ing idiots who set this up and had they ever heard of Ex Post Facto?

The Special Masterbater apparently has the authority to do whatever the hell he wants. WTF.

The truly horrible thing to contemplate is - there really is nowhere else to go.

Posted by: Stephen Macklin at 06:45 PM | Comments (2) | Add Comment