Commissar Frank says we need to take the glorious people's revolution to the next stage:
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.
Let's take the next logical step. Cap total compensation for any individual working for a corporation, foundation, educational institution, and other entity receiving government payments. This will have the positive effect of reducing the amount of government spending needed to support these institutions. And it can take some of the incentive out of increased federal spending
But don't stop there. Since lobbyists are an integral part of the government process, restrict their pay, too. They act as agents in this governmental process, cap their reward.
Did I mention that secession is becoming inevitable?