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Quote of the Day: President Barack Obama

2/4/2016

 
“This is America. We don’t disparage wealth. We don’t begrudge anybody for achieving success. And we believe that success should be rewarded. But what gets people upset – and rightfully so – are executives being rewarded for failure. Especially when those rewards are subsidized by U.S. taxpayers.”
On this date in 2009, President Obama imposed caps of $500,000 on senior executive pay for the most distressed financial institutions receiving federal bailout money. 


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  • Home
  • Board & Staff
  • Who We Are
  • Calendar
  • Evening With Labor
    • Archive >
      • 2021 Evening With Labor
      • 2019 Evening With Labor
      • 2017 Evening With Labor
      • 2018 Evening With Labor
      • 2015 Evening With Labor
      • 2016 Evening With Labor
  • Stay Connected
  • Programs
    • Community Services >
      • Espanol
      • Mission
      • Donate Now
      • Programs
      • Funders
      • Archives
    • Political Action >
      • Archive
      • Mission
      • Elected Officials
      • Endorsements
      • DMV Voters Guide
      • Candidate Questionnaires: Archive 2006-2014 >
        • 2018
        • 2016
        • 2015
        • 2014
        • Other
        • 2012
        • 2010
        • 2008
        • 2007
        • 2006
    • DC unemployment appeals
  • Hiring Hall
    • ADMINISTRATIVE
    • COMMUNICATIONS
    • INFORMATION TECHNOLOGY
    • INTERNSHIPS
    • LEGAL
    • MISC
    • ORGANIZING
    • POLITICAL
    • RESEARCH
  • Affiliates