BHO re Auto industry leadership: “We cannot continue to excuse poor decisions.”
When are the American people going to wise up and say that about the current administration?
Monday, March 30, 2009
Monday, March 23, 2009
ex post facto
The AIG bonus fiasco is still that – a fiasco.
BHO gave them our money, the people got angry at how AIG used it. Now BHO has decided he’s angry too and wants to take the money back in the form of a new law that would tax the bonuses in question at a whopping 90%
BHO screwed up, and his answer, as it seems to be for just about everything, is another tax. As questionable as those bonuses may have been, a specific tax on a specific group of people is abhorrent. Better than that, it’s illegal.
Despite his oath, I’m pretty sure BHO has not read the Constitution. Somebody needs to. Article 1, Section 9, Clause 3 reads: No bill of attainder or ex post facto Law shall be passed.
I’m not a lawyer, nor a constitutional scholar (scholar of any kind for that matter,) but I’m pretty sure what that means is Congress cannot pass a law that punishes an act already past that was not illegal at the time of its commission. If I paint a cow purple today and it is not illegal, and a law is passed tomorrow that makes painting cows illegal, I cannot be punished for it.
Let me know if I’m wrong.
BHO gave them our money, the people got angry at how AIG used it. Now BHO has decided he’s angry too and wants to take the money back in the form of a new law that would tax the bonuses in question at a whopping 90%
BHO screwed up, and his answer, as it seems to be for just about everything, is another tax. As questionable as those bonuses may have been, a specific tax on a specific group of people is abhorrent. Better than that, it’s illegal.
Despite his oath, I’m pretty sure BHO has not read the Constitution. Somebody needs to. Article 1, Section 9, Clause 3 reads: No bill of attainder or ex post facto Law shall be passed.
I’m not a lawyer, nor a constitutional scholar (scholar of any kind for that matter,) but I’m pretty sure what that means is Congress cannot pass a law that punishes an act already past that was not illegal at the time of its commission. If I paint a cow purple today and it is not illegal, and a law is passed tomorrow that makes painting cows illegal, I cannot be punished for it.
Let me know if I’m wrong.
Wednesday, March 18, 2009
Misdirected anger
We’ve heard a lot the last few days about AIG and the $165 million (or $173 million, depending on which source you’re paying attention to) worth of bonuses paid to executives in the department that dragged the company under. Many have been giving BHO and his flunkies props for their supposed outrage at AIG’s usage of taxpayer dollars to pay these bonuses.
But who should we really be mad at? I think anger toward AIG is misdirected. Outrage should be poured first on BHO and his fraudulent use of our money. It was idiotic practices that got AIG in financial trouble in the first place. What did the government think was going to happen when it started dropping billions of dollars into the pockets of incompetent people?
It would be nice to believe that these already millionaires would void their own contracts that required the bonuses in order to help the company that made them rich in the first place, but human nature is never that benign. Anger at the company is wasted energy. Any thinking person would know what was going to happen when BHO delivered another truckload of money to the failing company.
Instead, level anger and protest where they belong: at the steps of the White House. BHO and his useful idiots are spending our money willy nilly with no end in sight. Look past his “outrage,” he paid those bonuses out of your pocket.
But who should we really be mad at? I think anger toward AIG is misdirected. Outrage should be poured first on BHO and his fraudulent use of our money. It was idiotic practices that got AIG in financial trouble in the first place. What did the government think was going to happen when it started dropping billions of dollars into the pockets of incompetent people?
It would be nice to believe that these already millionaires would void their own contracts that required the bonuses in order to help the company that made them rich in the first place, but human nature is never that benign. Anger at the company is wasted energy. Any thinking person would know what was going to happen when BHO delivered another truckload of money to the failing company.
Instead, level anger and protest where they belong: at the steps of the White House. BHO and his useful idiots are spending our money willy nilly with no end in sight. Look past his “outrage,” he paid those bonuses out of your pocket.
Tuesday, March 3, 2009
Stimulus: Creating job
It’s off to a slow start, but I think BHO’s “stimulus” is actually creating job. No, that’s not a typo. He’s created a job. Now he’s got a guy whose job it is to explain why more taxes are a good thing when they end up meaning less taxes.
Following Al Gore further down his rabbit hole, BHO is pushing to auction off carbon pollution permits -- cap and trade. And what happens when those corporations have an increase in their cost of doing business? We the consumers get taxed in the form of higher prices. For electricity, gas, heating oil…the list goes on.
His plan is to use the money he raises there to pay for his “Making Work Pay” tax credits – the $400 - $800/year less the IRS will be stealing from us. (Is that really a tax break, or are they just going to deduct less? I can change my W-4 any time I want.)
Recap (and trade): Charge corporations more to provide services which will now cost us more and use the money to pay for not taking as much money from us to begin with so we can pay for the more expensive services.
I don’t get it either. Good thing Mr. Orszag’s job is to explain it all.
Following Al Gore further down his rabbit hole, BHO is pushing to auction off carbon pollution permits -- cap and trade. And what happens when those corporations have an increase in their cost of doing business? We the consumers get taxed in the form of higher prices. For electricity, gas, heating oil…the list goes on.
His plan is to use the money he raises there to pay for his “Making Work Pay” tax credits – the $400 - $800/year less the IRS will be stealing from us. (Is that really a tax break, or are they just going to deduct less? I can change my W-4 any time I want.)
Recap (and trade): Charge corporations more to provide services which will now cost us more and use the money to pay for not taking as much money from us to begin with so we can pay for the more expensive services.
I don’t get it either. Good thing Mr. Orszag’s job is to explain it all.
Sunday, March 1, 2009
Wrong answer
".... The American people are watching. They need this plan to work. They expect to see the money that they've earned, that they've worked so hard to earn, spent in its intended purposes without waste, without inefficiency, without fraud." -- BHO
Wrong answer, sir. What the American people need, but unfortunatley cannot expect, is to see the money we have earned not be pilfered by a bloated government. Shrink that pork-fed monster called government by half and you won't need to take what is ours. At least explain why it's OK for you to take the money I work hard to earn and give it to those who won't earn for themselves.
Wrong answer, sir. What the American people need, but unfortunatley cannot expect, is to see the money we have earned not be pilfered by a bloated government. Shrink that pork-fed monster called government by half and you won't need to take what is ours. At least explain why it's OK for you to take the money I work hard to earn and give it to those who won't earn for themselves.
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