I’d been focusing a bit of my extemporaneous (micro-)blogging energies elsewhere, but this won’t fit in to 140 characters:

Talking tougher by the hour, livid Democrats confronted beleaguered insurance giant AIG with an ultimatum Tuesday: Give back $165 million in post-bailout bonuses or watch Congress tax it away with emergency legislation.

It’s fiscal irresponsibility on all sides here, but at least AIG was acting with honest greed. This whole Stimulus, bailout, give-money-and-then-tax-it-back just smells of the worst kind of hypocrisy.

The threat of “emergency legislation” that targets a single business in order to, essentially, bend them to the demands of Congress is a very interesting assertion of very executive power by the legislature. When has emergency legislation resulted in a net positive? Yeah, that’s what I thought.

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