Here a czar, there a czar, and now they have the power? The power to what? The power from whom? Under what Constitutional section?
I just don't understand how a czar appointed by Obama can appear to do just what he pleases with no oversight by anyone-- including the President.
This story clearly demonstrates how bizarre our land of the free has become.....
Unbelievable! Pay Czar cut executives’ compensation without White House approval
From Fox News:
White House pay czar Kenneth Feinberg was the driving force behind the move to order steep pay cuts from bailed-out executives, and did not even seek the president’s approval before making his decision.
The Treasury Department is expected to formally announce in the next few days a plan to slash annual salaries by about 90 percent.....http://politicalintegritynow.com/2009/10/unbelievable-pay-czar-cut-executives-without-white-house-approval/