So there’s a plan afoot to impose a $500k cap on the pay of companies getting significant government bailout money. Lots is going to be written on how this is grossly stupid and unworkable so far be it from me to pile on. But I would propose, along the lines of my previous blog post, Paying Politicians on providing incentive compensation for members of the government, that Congress accompany this rule with one—let’s call it the Daschle Post-Government Service Earnings Limitation Rule–that limits any member of the government from earning more than $500k in subsequent private sector employment. After all, having accumulated contacts and experience at the taxpayer’s expense why should ex politicos (oh, Like Mr. Daschle) have any more of a right to earn big paychecks than the execs at our seemingly nationalized banks. Oh, and by the way, if this doesn’t drown in laughter, Ken—give me a call; I might just have a better-paying job for you.