Cluelessness abounds in D.C. Just how stupid are our “leaders”? Um, stupid enough to want to essentially shut down Wall Street, whose whole pay schedule is pretty much bonuses. Look, idiots, ex post facto legislation is prohibited by the Constitution. You know, that oldy mouldy paper that contains the tenets of our Democracy? JAYSUS. Not only will this retarded legislation gut the pay of practically everyone on Wall St, but it will run off every executive with any sense as well. It will also encourage banks and other entities to opt out of the government money just to keep its executive staff, thus blocking the flow of monies available to lend – since ZERO “stimulus” cash will get to them. Is this not the exact opposite of what is needed?
Krauthammer has a great Op-Ed piece on this stupidity.
Luckovitch’s cartoon is teh funneh today! LULZ!
And a quote from Jim Wooten of AJC:
“Remember. What Congress does to rewrite contracts…[and create] confiscatory tax laws targeting those who got bonuses at AIG, it can do to you. […] My freedom from government tyranny is worth more than $165 million. This is politicians at their worst.”
RIGHT ON.
Ok, enough of this happy crappy. Off to do housewifey stuff. :-)