Oh Boo Hoo!

From Salon:

WASHINGTON -- President Obama on Wednesday announced a salary cap of $500,000 for top executives at companies that receive large amounts of bailout money, calling the step an expression not only of fairness but of "basic common sense."

A response in the New York Times:

"That is pretty draconian -- $500,000 is not a lot of money, particularly if there is no bonus," said James F. Reda, founder and managing director of James F. Reda & Associates, a compensation consulting firm. "And you know these companies that are in trouble are not going to pay much of an annual dividend."

Oh gosh. However can people live on a mere half a million dollars?

Oh, the humanity!

I'd like to get half a million dollars and see how that works out for me.

I'd use some of it to buy a clue bat and take a trip to Wall Street, I think...