Do you see any mention of salary control on Government wages and perks. They think they are exempt from all laws and regulations that all tax payers have to follow, wait a minuet I for got they don’t pay their taxes or follow the rules.

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By Michelle Malkin

This is not a surprise. Grabby Hands Barney Frank has been signaling his salary control plans for weeks. In early February, you’ll recall, he told Business Week that compensation restrictions might be restricted to all US companies, not just TARP recipients.

Watch out for Barney Frank’s paws

In theory, I have no problem with limiting the executive pay and bonuses of corporations that take billions in taxpayer-funded bailout money. As Nicole Gelinas put it: “It is untenable for taxpayers directly to support lavish pay for executives at government-guaranteed corporations. When the taxpayer is bearing all risk — as the taxpayer is now in much of the financial industry — the government should set limits.”

But the first question is: Where are the limits on Fannie and Freddie corruptocrats’ executive pay? Have those been passed yet? Are they equal to the limits on private executives’ pay?

And the second question is: Where will it stop? Barney Frank has no intention of restraining his grubby government paws.