AIG: Congress Says Screw The Constitution
It’s my understanding the United States government cannot aim a tax at a particular person or company in order to punish. (Okay, tell that to smokers….) So much for what I know.
Acting with lightning speed, the Democratic-led House has approved a bill to slap punishing (90%) taxes on big employee bonuses from firms bailed out by taxpayers. The vote was 328-93.
Said House Speaker Nancy Pelosi: “We want our money back and we want our money back now for the taxpayers.”
“We want our money back and we want our money back now for the taxpayers.”
Forget about their blowing off binding contracts; the money doesn’t belong to Speaker Pelosi, and should they get that money “back”, will she give it to us as she says or will these incompetent politicians just turn around and use it for yet another ill-conceived spending spree?
As far as the constitutionality, I’m sure the courts will decide soon enough and hopefully the Congressional malfeasance that created this whole mess will come out for all to see.
March 19th, 2009 at 3:33 pm
I’m no AIG fan but I hope AIG sues the pants off Congress and laughs all the way to the bank. The Constitution has been lost. Ignored. Steam-rolled. Pick an adjective.
March 19th, 2009 at 4:48 pm
Conservative Grapevine has your site as the website of the day, Bob.
March 19th, 2009 at 6:12 pm
“We want our money back and we want our money back now for the taxpayers.”
would that be the taxpayers and the illegal taxpayers?
March 19th, 2009 at 6:28 pm
Bonuses are already taxed at 25%. How long before the words “big” and “from firms bailed out by taxpayers” are struck from this possible law?
March 19th, 2009 at 9:54 pm
Best vid I have seen in a while. A dressing down from the floor by the gentleman from the 11th district of Michigan:
http://mypetjawa.mu.nu/archives/196888.php
March 19th, 2009 at 10:12 pm
Why doesn’t Liddy tell them all to go “f” themselves and just walk out.
March 19th, 2009 at 11:06 pm
This is horrifying really… the American people have been duped as the press got them riled up over bonuses that were less than 1% of the bail out (WAY less) and meanwhile the democrats run a punitive tax through ignoring the Constitution. I never use this word, I hate this word, but goddamn these congressional douchebags. They are the ruling class, we are the peasants.
March 20th, 2009 at 12:09 am
I’d like to keep 10% of a million right about now….
March 20th, 2009 at 8:27 am
That man, McCotter, is The Hammer. He let them have it. Broadcast that clip to the masses.
March 21st, 2009 at 2:50 pm
[...] head kept spinning. I just KNEW I hadn’t lit up my crackpipe Thursday. Now, it seems that awareness(and disapproval) is catching up as the ramifications of punitive after-the-fact taxation suddenly [...]