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.
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"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
Showing posts with label bankruptcy. Show all posts
Showing posts with label bankruptcy. Show all posts
Thursday, March 19, 2009
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