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Founded in 1973, The Heritage Foundation is a research and educational institution—a think tank—whose mission is to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense. We believe the principles and ideas of the American Founding are worth conserving and renewing. As policy entrepreneurs, we believe the most effective solutions are consistent with those ideas and principles.

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Posts Tagged ‘Kenneth Feinberg’

  • Morning Bell: The Unaccountable Obama Czar State

    Posted October 23rd, 2009 at 8:53am in Ongoing Priorities 56

    Yesterday the United States Department of the Treasury Special Master of Compensation Kenneth Feinberg announced a wage control scheme for the 175 executives of the seven companies that have received the most funds from the taxpayer funded Troubled Asset Relief Program (TARP). At first the Obama administration denied any involvement in Feinberg’s decision. Politico reports: In [...] More

  • Obama Pay Czar Driving Execs to Go Galt?

    Posted October 22nd, 2009 at 1:18pm in Enterprise and Free Markets 7

    At Marginal Revolution George Mason University economics professor Alex Tabarrok comments on Obama administration’s pay czar Kenneth Feinberg’s decision to cut bailed out firm executive pay by an average of about 90 percent from last year: There is no way this will work as advertised. If the administration actually follows through, most of these executives [...] More