American Fortune Life

The "Congressional" Wage Limit Order ”was proposed by Christopher Dodd, Chairman of the Senate Committee on Banking, Housing and Urban Affairs, and is more stringent than the Wage Limit Regulation proposed by the Government of the Olympic Ocean.

The wage limits that Congress may adopt this time will apply to financial institutions that receive full government assistance, whether the business has received or is about to receive the money. On the other hand, the “pay limitation order” in Aoguanhai applies only to businesses that will receive rescue in the future.

Only top salaried employees, such as CEOs, are subject to restricted pay orders for businesses that receive aid loans of less than $25 million.

For enterprises with loans in excess of $500 million, the income of all senior managers and the other 20 top paid employees will also be limited.

In other words, Congress will extend the pay cap to corporate employees such as star traders, fund managers and sales representatives. ”

Auston looked at his son with disdain at the hearing and glanced at his impatiently white son and revealed to Andy a proposal he was about to adopt by Congress.

“It is highly likely that this proposal will be adopted because Congress is in dire need of support right now, and as long as people feel that some people are“ getting rich "while the government is rescuing them, the government will not expect to receive more financial rescue funds from Congress. The focus of the issue that currently prevents the adoption of the rescue programme has become whether to save their salaries or save the capital system! ”

“Ha ~ With the introduction of such a pay limit order, small businesses would never be willing to apply for rescue funds, which would affect the effectiveness of rescue operations. This is a one-size-fits-all trick. If it were implemented, enterprises would lose most of their talent. Heh, the Heavenly Dynasty Financial Corporation group coming to Wall Street to recruit, it would have boiled down a long time ago. By then, there will be another lively look! ”

Andy played a ha-ha, and there are no restrictions on other businesses besides his own Intei Bank and Tesla, which received government bailout funds.

Intake Bank is now on the path of traditional savings banks and has long abandoned the route of commercial investment banks, the vast majority of which are fixed-paying employees.

As far as Tesla is concerned, there is no such thing as indiscriminate pay and bonuses, because it is in a state of burning money, which is not enough, and how is it possible to spend it indiscriminately on management?

As for him, who owns dozens of companies, apart from Tesla, Free City APP, Starbucks and Gaius Clothing, he gets paid one salary a month in his account, and all the other companies he owns wholly are not paid a penny.

The whole company is their own, they want a shitty salary, and they pay taxes to the US government. Shh, he's not that stupid!

“Andy, is the hearing really okay?” Li Wanqing asked with some worried frowns.

“Rest assured, Mother, no problem, every penny of the bailout money is clear, I will not make mistakes in this kind of thing, they want to question, ridicule me, I'm afraid to disappoint them! ”

“Who wants to be disappointed? Good morning... ”

Just after Andy said it, I heard Ivana's voice, Ivana in a checkered OL suit, her figure was the ultimate, her torso was wrapped up through a belt, perfectly presented the curve, especially the arrogance of a big balloon due to pregnancy, it was amazing, plus a short dress of the same color to make her look more commercial.

“Nothing...” Andy laughed and kissed Ivana wen, then quickly and concisely explained the conversation to Ivana, who sat down.

“Honey, are you sure it's okay?” Ivana glanced at Andy and reconfirmed.

“Rest assured, no problem. ”

“Well, that's good.” Ivana has great faith in her man's abilities and heart, and he says it's okay, it's really okay.

Auston and Li Wanqing looked at each other with no one beside them, shaking their heads slightly and smiling.

“Christopher Dodd's proposal for this pay limitation order, although controversial, has also gained prominence, not only by the President, but also by the support of many people, which gives a lot of impression for next year's midterm elections.” Auston frowned slightly, mentioning the matter again.

“Hmm?”

Andy, if you'll exclaim, and your father look at you, slightly frowned, listened to the strings and said gracefully, for Auston, who is now in Washington's political circle, the first job is to keep the job, to get re-elected, which is overwhelming.

“While every time voters claim they want to see meaningful, detailed reports from their elected legislators, what they're really interested in is cute cat videos, celebrity gossip, music leaderboards, TV reality shows, tabloid bullshit, and ignorance, and they have no idea what government is made of or how it works.

Dad, you need a proposal that can cause a lot of controversy and please the American people to brush up your presence, and you need to shape a personality from now on... ”

After hearing Andy frowned and pondered, Auston and Li Wanqing and Ivana were both slightly stunned, so straightforward and even a little politically incorrect for Andy, although all told the truth, but fortunately there was no one else in the restaurant.

“Who set it up?” Auston frowned and asked that he was just a political newcomer, and although he was a homeschooler and supported by family forces, some things still needed to be done on their own.

“Let America be great again!” Andy picked his eyebrows and said softly, then tore off a piece of toast and added a piece of bacon and put it in his mouth.

“Let America be great again? ”

Auston, Li Wanqing and Ivana both frowned at Andy.

“Yes, to be ambitious, one has to start with what is most important to the American people. In such a dire economic situation, the most important concern and fear for Americans is the issue of work. According to reports I have received, the number of people who continue to apply for unemployment benefits in the United States now stands at a record 49.8 million, and the city of New York has been hit hard, not only by an unemployment rate of 7.4 per cent, but also by the loss of at least 6.50 million financial jobs in New York during this economic downturn.

Dad, as soon as you get back to Washington, assemble your team around the idea of 'buying American goods, using American people’, make a proposal, pull a bunch of conservative senators, strive to add clauses to the economic revitalization program, demand revitalization of public works, use only American steel, and prioritize hiring ‘Americans' with legal status in the United States, remember, highlight this American, regardless of race, as long as they have legal status! ”

“America first?!” Ivana opened her eyes and looked at Andy with some surprise.

“Trade protectionism!” Auston was more of a son who frowned and muttered softly, watching his words die in astonishment. “This is going to start a global trade war! ”

“Then fight.” Andy sneered and continued to silence Auston, "Only the European Union, Canada, the pedestal and other partners with whom the United States Government has reciprocal purchasing or trade agreements can participate in and benefit from the United States revitalization programme. And they are equally stuck, don't expect them to help the United States, they want to take advantage of the United States.

In the absence of such agreements with the United States, such as the "BRICS” Heavenly Dynasty, Arizona, Brazil, Russia, etc., there is not a single cup, nor will it be affected. This time the United States will have to survive the financial crisis. The most important thing is to look at Heavenly Dynasty. Sino-US cooperation is the key to getting out of the crisis! ”

Seeing his father still looked heavy and hesitant, Andy continued: "Dad, don't worry, as long as you put forward this bill, it will naturally provoke the anger of the main trading partners of the United States. Under pressure from international public opinion, Okinawa will never accept your priority plan for the United States in its entirety. Eventually, the game will only be modified, but whether it turns out or not, for you, it will be the most perfect appearance in your political career, in the whole of America, and in the whole world! ”

Auston's eyes lit up violently, and his son was right. Whether or not this proposal was eventually adopted, he was the biggest beneficiary. He already had a deep understanding of the people in Washington, and many people didn't care at all about the proposals that needed to be voted on, and didn't even know how they were going to be implemented, or how much they were going to cost. All they want is to keep their jobs and get re-elected.

This seemingly global trade war proposition by his son is certainly something that many senators would love to see and support, because it will let their constituents know that they represent the interests of the American people, have spoken out and fought for their interests, and this is undoubtedly the biggest investment in the midterm elections!