Sunday, March 22, 2009

AIG Bonuses

I've been wanting to post about the AIG mess, but quite frankly, I've just been overwhelmed. So, much is being circulated in the MSM and most of it is wrong.

But one thing I'm sure of:Targeting specific individuals with a special tax, after the fact, because they recieved a certain kind of income is illegal and un-Constitutional.

Article I, Section 9. states: No bill of attainder or ex post facto Law shall be passed.

Anyway........go read this:

http://freenj.blogspot.com/2009/03/constitution-is-contract-too.html

And they have also apparently forgotten that the document by which they derive their authority over the citizenry is itself a contract. That’s right; the US Constitution is a contract. In the broadest sense, it’s a contract where the government agrees not to be tyrannical, and the citizenry agrees not to kill them all and burn their homes to the ground. The rest of the document is really just the terms and definitions that set up that agreement, and give us a framework for knowing when it’s OK to go get grandpa’s duck hunting gun and break out the maps of greater Baltimore. And if that had occurred to Congress then I can’t believe they’d have gone through with this decision. Contracts protect them from us as well as it protects us from them. Well… at least they used to until last week anyway.

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