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Bawney Fwank Says Government Should Force Private-Sector Companies to Decide When Officers are Compensated, How Money is Spent…

Why stop there, Bawmey. Initiate a government takeover of all private-sector companies and run them into the ground like you did with Fannie and Freddie…

(RCP) — Rep. Barney Frank (D-MA) tells MSNBC that he would like the government to mandate that publicly held companies should hold board meetings once a year to decide what is just compensation for officers of the company. Frank also went beyond that and told corporations how they should spend their money and what should be accepted and what should not.

“The way that you pay them [executives] can not be a way in which they are given an incentive to take big risks because they know if the risk pays off, they get paid extra money and if the risk blows up, they won’t lose a nickel,” Frank said, telling corporations how they should spend their money.

Frank says there should be regulations that make it impossible for people to make money based on risks whether it makes money or not, which is the quintessential tenet of the free market.

It should be noted that the “little guy” Rep. Frank speaks of normally doesn’t own a majority of the shares or a high percentage. Those are normally held by CEOs (sometimes given stock instead of more compensation) and other large investors.

Video here…

Posted by ZIP on Wednesday, December 22, 2010, at 12:29 pm | Like Tweet

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24 comments
  1. mark says:
    December 22, 2010 at 12:37 pm

    Here’s a guy that receives support from the finance lobby; he’s their best friend, along with Dodd. This is all for show, just like a good Alinsky Democrat. Obama pulls the same nonsense; yet still many are decieved, blaming Obama’s perceived lack of success on Republicans.

  2. Coldwarrior57 says:
    December 22, 2010 at 12:39 pm

    yea , and WE The people should decide how much congress is paid ?
    whats good for the goose.
    God I hate that fuck.

  3. Roopods6 says:
    December 22, 2010 at 12:40 pm

    The label “little guy” is how most people address children. Which is how the Statist views the average citizen. Barney Frank is a Fascist, plain and simple. Just like all Liberal Progressives who have the control freak gene where they go around telling everyone else how to live their lives while their own is a complete train wreck.

  4. 49 Pan says:
    December 22, 2010 at 12:43 pm

    First off I do not want to know what this butt pirate spends his money on. Second is the only group to be more socialist and Fascist the Franks is the people and the state that sent him to DC. Shame on Mass!

  5. JCM says:
    December 22, 2010 at 12:47 pm

    Commie butt fuck.

  6. Hening says:
    December 22, 2010 at 12:49 pm

    It should instead force his pounded ass into a cell for thirty to fifty years.

  7. myrtle says:
    December 22, 2010 at 12:53 pm

    How many businesses did Franks run before “serving” in Congress? Did he and obama share a lemonade stand one summer?

  8. Sickofobama says:
    December 22, 2010 at 12:58 pm

    Hey Zip,

    Every story you have posted today pisses me off big time.

    I am on a break at work and have so little time to vent.

    All I have to say is Barney Frank should be on the frontlines in Afghanistan.

  9. Teacake says:
    December 22, 2010 at 12:59 pm

    Are there any older mobsters left who might take out these danger to the human race commies?

  10. Mickey Shea says:
    December 22, 2010 at 1:12 pm

    Why does he look like somebody just shoved a 2×4 up his ass?

  11. dmacleo says:
    December 22, 2010 at 1:33 pm

    Mickey Shea…
    cause it was just after lunch break…where someone did per his request.

  12. Diamond Girl says:
    December 22, 2010 at 1:59 pm

    Barney…Phuck Off!

    Your power is gone…thank gawd.

  13. Bunker says:
    December 22, 2010 at 2:03 pm

    @Sickofobama

    Well…now that DADT is gone…Heh heh heh. Congress needs to give him a commission to go help the Afghan finical system.

  14. political correctness czar says:
    December 22, 2010 at 2:10 pm

    Yes, “Roll the dice” you fat fuck. Just like you rolled the dice and caused the largest housing crisis in US history. How this bastard is not behind bars doing hard time is beyond me.

  15. StandYour Ground says:
    December 22, 2010 at 2:12 pm

    When government officials talk like this they need to be removed! Perhaps God will take care of this problem and destroy SF with a massive earthquake when Bawny and Nancy are home!

  16. Redwine says:
    December 22, 2010 at 2:17 pm

    Fwankly he’s a Fascist.

  17. anne theriot says:
    December 22, 2010 at 2:26 pm

    My biggest wish is all these idiots in DC will soon be out in the real world looking for jobs. The govt will tell them where they can work, how much they can earn, penalize them for having private ins. tax them back into the middle class. In other words, PAYBACK.

  18. TacitEagle says:
    December 22, 2010 at 2:34 pm

    Frank is just another communist POS.

  19. Rob says:
    December 22, 2010 at 3:26 pm

    Bawney Fwank Says Government Should Force Private-Sector Companies to Decide When Officers are Compensated , How Money is Spent…

    Well Congress can do that…

    When…. We The People….

    actually decide what we pay our Congressional assholes

  20. Idahosauce says:
    December 22, 2010 at 3:40 pm

    Fascism, pure and simple….I would expect no less from these destructive pieces of shyte.

  21. Rodger says:
    December 22, 2010 at 3:55 pm

    Never ever forget people like Frank. They hate you for being successful. And they want to take what is yours.

  22. olds442 says:
    December 22, 2010 at 5:21 pm

    Your a POS, Barn. How did your daily rectal examination go? Are you HIV positive yet. Are you the giver or the taker in your relationships? Scum-bag dung. Take him out to be shot and be done with him already. Homo loser!

  23. olds442 says:
    December 22, 2010 at 5:25 pm

    Barn’s begging for Hard Time in prison, Hard time all the time, the faggot facist traitor. He never could grasp the subject of male sexuality, even though it’s been pounded into his ass for over fifty years!

    Death to all faggot facist traitors!

  24. Sentinel says:
    December 22, 2010 at 11:24 pm

    Fuck off, you fat fag!

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