Barney Frank: Compensation Restrictions May Extend To All U.S. Companies

We've been warning you that the Leftist reflex is towards Communism. Of course, when we say it, we sound like paranoid "far-right extremists".

But then, Barney Frank says it for us:

Congress will consider legislation to extend some of the curbs on executive pay that currently apply only to those banks receiving federal assistance, House Financial Services Committee Chairman Barney Frank said.

Mr. Frank said the compensation restrictions would apply to all financial institutions and might be extended to include all U.S. companies.

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

So, if we aren't far-right extremists, then what are we? We just right. We're right just about all the time.