Biden has been in the Senate long enough to participate in all the recent Democrat foul-ups. He exemplifies the motto: “If you have a little problem, give it to the Democrats and they’ll make it a big mess.” For example, Democrats are crying to control excessive executive compensation. As noted by Rep. Henry Waxman, D-Los Angeles, "In 1980, CEOs were paid 40 times the average worker; today they are paid 600 times more."
According to the San Francisco Chronicle:
Many experts see the beginnings of the explosion of executive compensation pay as dating back to 1993 when Congress, responding to the outcry over executives' pay, banned companies from taking tax deductions of executive salaries greater than $1 million.
Charles Elson, a University of Delaware compensation expert, said companies quickly began getting around that limit by giving their CEOs stock options "and there was an overuse of options that basically put us in the pickle we are in today" regarding executive pay levels.
So the Democrats – in control of Congress for over forty years, and with a Democrat in the White House – fixed the problem then, and created the mess now.
While Palin gets grilled, Biden gets a free pass. Remember the uproar when Dan Quayle misspelled potato? Biden said his Democrat saint, FDR, was president when the stock market crashed in 1929, and that FDR immediately went on television to begin repairs. That was news to FDR and TV viewers. Biden also stated Democrat positions that were news to Obama, too.
Joe Biden, “only a heartbeat away.” Be afraid. Be very afraid.
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