Barney Frank is a deviant in that he obviously gets off on the idea of taking a long hard piss on the free market economy, the Constitution, basic American rights, and anything else that happens to be standing in the way of his goal to eventually rule the world with an army of glitter-barfing unicorns with shiny rainbow tails. Prick.

Bloomberg:

House Financial Services Committee Chairman Barney Frank proposed firing chief executive officers of companies that get so big their failure “causes a cataclysm” as Congress rewrites rules governing Wall Street.

“I want to say if that does happen with one of these large institutions, that we make sure the shareholders have no equity left, that the CEO is fired,” Frank, a Massachusetts Democrat, said in an interview on PBS’s Nightly Business Report today.

Congress will “make it very tough to be that big,” said Frank, adding that he told Treasury Secretary Timothy Geithner about his ideas today. “We have to put a lot of disincentives into size,” he said in the interview.

Frank, whose panel oversees the banking industry, will take the lead in Congress in translating the Obama administration’s blueprint for overhauling U.S. financial regulation into legislation. Federal Deposit Insurance Corp. Chairman Sheila Bair and others have said letting firms get “too big to fail” gave them government protection at the expense of the taxpayer.

In case you need a translation: we are screwed.

Does anyone actually believe this stuff? Do Geithner, Obama, Frank and Co believe it? That's the scariest part of all of this... these people might actually think they are doing us a favor.

Yes, it's much worse than you thought. Whoopsie!