AIG Attainder Bill 90% Tax Unconstitutional

Bill of Attainder. The bill, while not mentioning AIG by name, is clearly meant to punish AIG executives who received large bonuses—a specific group of individuals in response to public outrage over the bonuses. Given this motivation, many believe that the legislation is a bill of attainder, and thus prohibited by Article I, Section 9, Clause 3 of the Constitution.

The really sad thing about this continuing serial thriller of clowns on crack is that Congress successfully made contractual bonuses the main focus instead of their role in this planned economic train wreck. A train wreck that Democrats in Congress engineered. The train wreck cover-up by Frank, Dodd, et al is a Democratic Congressional production that is pure CYA by the Democratic leadership and those Democrats, er-cough-cough-Frank-Dodd-cough-cough that used our money to wreck the train.

Bitching about the bonuses is like bitching about incorrect change, say 12 cents instead of 13 cents, back on a $100.00 bill. But distraction is the action on Capitol Hill, especially when one doesn't want the media to be able to explain the roots of the mess and one doesn't want their name prominently headlined as a culprit in crime. The "one" here would have a D after their name when sponsoring, cosponsoring and voting on legislation.

Remember, this all started with "something for nothing", otherwise known as mortgages to people that could not afford one and could actually not pay on one. To show their racial sensitivity, Congress ordered banks to give mortgages to those that couldn't possibly afford them and now blame the banks.

Hello Fannie. Hello Freddie.

Hello Barney. Hello Maxine.

Where's our damned money you pandering political losers?