"It is the common fate of the indolent to see their rights become a prey to the active. The condition upon which God hath given liberty to man is eternal vigilance; which condition if he break, servitude is at once the consequence of his crime and the punishment of his guilt." -- JP Curran, 1790

Thursday, March 19, 2009

Foxnews and Legal Scholars Just Now Catching Up to Offering Common Sense

Congress is looking to pass a tax bill on the AIG bonuses that were paid out, due to it's own ignorance in passing legislation that gave the failing company billions of taxpayer dollars:

"Two of those difficulties, lawyers say, lie in Article I of the U.S. Constitution -- a section stating Congress cannot pass any "Bill of Attainder" or "ex post facto" law."

Does that sound familiar? Again, we have a Congress that puts public opinion polls over the Constitution, and they think the rest of us are too stupid to know better. Sphere: Related Content

1 comment:

  1. The government should handle this as being "unreasonable compensation" using the same criteria as do with any other Federal Contractor and recoup the money. The Feds should request AIG write the check for the bonuses if federal funds were used.

    If AIG used private capital, than AIG is entitled to keep the money. Let them burn their own private capital if they want to pay such excessive compensation to executives. It shows that the company is poorly runned and did not proper practices for compensation. Let this be a case in B-School for rewarding incompentance. A


I believe in the 1st Amendment. Say whatever you want. If you're a moron, I may point that out...if I have time. :P

Site Meter