AIG - The Saga continues

Hi

Today I am really disturbed by the AIG mess. Just think of it, we have a politically connected corporation getting bailout money and then we find that the only reason for the need for a bailout was greed by both the corporate execs and politicians. This is bad enough but compound it by other so called politically connected entities- Fannie Mae and Freddie Mac, The United Auto Workers Union, etc, it becomes a national tragedy.

Now let's look into how the liberal democrat controlled congress fixes it. Senator Shummer says congress will tax the money and recoup it, but wait, Senator Shummer only taxes AIG bonuses, what about the rest including the political contributions to President Obama, Senator Dodd and others. This is a great way to look out for the people. The other step is to blame Bush. Forget that when Bush tried to reign in AIG, our good friend Dodd filibustered the proposed changes. Is this guy a crook or what? Come on Dodd, (and you others including the Treasury Secretary) do the right thing, resign. The American people deserve it.

To get back to the so called cure, congress adds to the stupidity by passing what is arguably an unconstitutional law. The United States Constitution forbids Bills of Attainder, (Article I Section 9) but congress ignores that and taxes only the income from AIG bonuses. Shummer, please go back and read the Constitution. It applies to you as well as Bush. You were quick to charge him with violations, now, how do you sleep at night. We used to call this Hypocrisy. Please dotheright thing.

Now for the good and decent part of the blog, let us remember our brave service people who serve to keep us free. Pray for them.
GOD Bless