Sunday, February 08, 2009

Didn't Ayn Rand Write a Book About Things Like This?

Everyone's favorite friend of fannies*, Barney Frank speaks out:
Congress will consider legislation to extend some of the curbs on executive pay that now apply only to those banks receiving federal assistance, House Financial Services Committee Chairman Barney Frank said.

“There’s deeply rooted anger on the part of the average American,” the Massachusetts Democrat said at a Washington news conference today.

He said the compensation restrictions would apply to all financial institutions and might be extended to include all U.S. companies.
Limiting pay will go a long way to preventing stress from overworking!

* - Mae and other fannies as well.

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