ObamaNation's first big constitutional crisis
Well, ye socks, yesterday the red herring throwers that yours truly mentioned in earlier posts succeeded in ramrodding a resolution thru the House of Representatives to retroactively impose a 90% tax on AIG bonus recipients.
The vote on HR1586 was overwhelming, 328-93. Shame on members of the loyal opposition who marched in lock-step behind the "democratic" majority!
If anything like this resolution reaches the oval office and is signed into law by El Presidente, it will be nothing short of unconstitutional and will demand an appeal to the US Supreme Court.
Thank God that George W. Bush got Justices Roberts and Alito on the bench before he left office. They may be the last line of defense against the irrational socialist juggernaut.
I maintain that all of this political theater is disingenuous in the extreme, meant to distract the public's attention from the fact that the bailout bonuses were approved by the ObamaNation's Treasury Secretary Tim Geithner. The legislation that ok'd them was shepherded thru Congress by one of the administration's most capable minions, Senator Chris Dodd of Connecticut. And, the bill with that provision was signed into law by El Presidente himself! So, why all the outrage?!
I guess the lesson here is what the ObamaNation gives you today can and will be arbitrarily taken back tomorrow.
If we open the door to retroactive and punitive taxes to satisfy every outrage these socialists can gin-up with their herring tossing hi-jinks, just how far back will they go?!
I'm afraid the sky's the limit with these folks. And, that's why they've got to be stopped.
Hope and change . . .
Labels: AIG, Barack Obama, Chris Dodd, George W. Bush, socialism, Supreme Court, taxes, Tim Geithner
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