Rep. Sherman (D-CA) vs. CNBC's Mark Haines

From 3/20/2009.
HollywoodBobsays...

Just imagine what the world would look like if a $500,000 salary cap applied to EVERYONE.

I wonder what would happen to the prices of consumer goods, if the companies weren't paying out hundreds of millions of dollars to executives and spokespeople.

Cinema, theater and sporting event tickets would likely be drastically reduced since the production costs would be cut immensely once you did away with multi-million dollar paychecks for prima donna celebs and pro athletes.

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