UPDATED: First They Came After Executives

Barney Frank introduces a bill to let government control the salaries of all bailout-connected employees: the Pay for Performance Act of 2009.

Are Hollywood producers within the scope of the legislation?  Don’t count on it.

And then they complaint when we call them socialists…

UPDATE: Dan Riehl puts it in perspective.  Lest we forget, elections have consequences…

MORE: Politico: Obama, the Nation’s CEO.  And Larry Kudlow wonders if this is the dawn of a new era of government-controlled business.

I’m pretty sure we don’t want to go there.  I’ve seen this sort of stuff before…