Salary Caps

There's been a lot of talk about salary caps lately. A lot of people, especially in government think some corporate executives make too much money. While I do have a problem with people asking for government help and then going off to party at some fancy resort, or some big shot taking a multi-million-dollar bonus after running his company into bankruptcy, in the end the marketplace through the shareholders or board of directors should be able to handle these problems. I must admit however that I would be in favor of some pay equals performance formula. I think the first place to start should be the government. Congress especially gets to vote themselves a pay raise whenever they want and they been doing a lousy job for years. So I propose we pay Congress,the President, and federal judges based on their performance. The people can vote once a year, say on April 16, and decide the salary for the coming year based on last year's performance. Think of the money we could save. Make a bad call as a judge, get your salary cut. Write a bad law that you don't read, get your salary cut. Tell the press about the Vice President's secret hideout, get your salary cut. And so on. Of course there would be rewards for good practices, but those are few and far between. Before you start feeling too sorry for these people, remember they can all raise millions of dollars to get elected so they really don't need the money. Think of it as spreading the wealth around.