National Catholic Reporter

The Independent News Source

About Time Dept.

It is not often these days when I read that a committee in the GOP-controlled House did something I want to applaud. But their vote to limit the pay of top executives at Freddie Mac and Fannie Mae gets a two thimbs up from me.

There are plenty of top executives who go to work at the Treasury Department or the Defense Department, etc., who could make much more money in the private sector. Some, perhaps, are only looking to pad the resume for a still-greater payday down the road. Call me naive, I think some undertake these challenging assignments at rates that are hugely lower than they could command in the private sector because they want to serve their country. But, whatever the motives, and most humans walk through life with mixed motives at most times, I do not doubt that these two organizations could recruit plenty of top flight executives without offering them multi-million dollar bonuses.

NCR Comment code: (Comments can be found below)

Before you can post a comment, you must verify your email address at Disqus.com/verify.
Comments from unverified email addresses will be deleted.

  • Be respectful. Do not attack the writer. Take on the idea, not the messenger.
  • Don't use obscene, profane or vulgar language.
  • Stay on point. Comments that stray from the original idea will be deleted. NCR reserves the right to close comment threads when discussions are no longer productive.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report abuse" button. Once a comment has been flagged, an NCR staff member will investigate.

For more detailed guidelines, visit our User Guidelines page.

For help on how to post a comment, visit our reference page.

 

Feature-flag_GSR_start-reading.jpg

NCR Email Alerts

 

In This Issue

September 12-25, 2014

09-12-2014.jpg

Not all of our content is online. Subscribe to receive all the news and features you won't find anywhere else.