Obama To Use AIG Bonuses To Limit Executive Pay

President Obama is getting a little Big Brother when it comes to pushing his agenda.

 

A bunch of global warming explorers were able to be saved from extreme cold in the Arctic.  Do you think their experience will make them change their minds about their religious choice?

 

Tax cheat Treasury Secretary Timothy Geithner announced the details of the toxic asset plan that could cost $1,000,000,000,000.  They plan on including the private sector, but nobody in the private sector seems to want to get involved.

 

The plan to tax the AIG bonuses is receiving criticism from some of the big banks, as some of them call it a "witch-hunt."  Unfortunately, Washington is not backing off, with the Obama administration looking to limit executive pay by any means necessary and a Democrat Senator saying that any AIG executive who doesn't return their bonus should be fired.  Protestors visited some of the executives' homes, and check out their wealth envy.  Unfortunately, some legal scholars say that the courts are unlikely to repeal that unconstitutional tax law.

 

While we're talking about wealth envy, check out the playground that the Obama girls are going to have to play on.

 

At least Barney Frank is being consistent by wanting the bonuses from Fannie and Freddie stopped as well.  It doesn't mean he's right.

 

With what is essentially an income cap of $250,000, some executives are pointing out that they have no incentive to work.  This is what some would call "going Galt."

Resistance is building to the Obama big-government ideas and plans.  This is why we're having the Middle Georgia Tax Day Tea Party on April 15^th.

 

Here's a warning that politicians would be wise to heed:  Soon there may be nobody left to lend to America.

 

Some retailers are floating a compromise on card check that would just require more workers to be intimidated before a workplace is unionized.  Labor unions are not interested in compromise.

 

Here is some brilliant analysis of what would really happen under Obama's cap-and-trade system.  Fortunately, it looks like for now Democrats in Congress have chosen to go with health care reform instead of cap-and-trade.

 

One Democrat Congressman says that the offshore oil drilling ban will be restored "by any means necessary."  Say hello to $4 gas again.

 

Parade Magazine yesterday named the world's ten worst dictators, with Zimbabwe tyrant Robert Mugabe on top of the list.  Parade ignored the fact that the Carter Administration helped the guy get elected.

 

GM and Chrysler may need much more than what they've estimated in federal bailout money.

 

Spending $787 billion on a "stimulus" plan is fine, but when it comes to using tax dollars to buy condoms, the federal government would rather get the cheap ones from China than the ones made in America.

 

New Jersey has backed off of their proposed ban on "Brazilian" waxing.

 

In the slow economy, more women are turning to strip clubs to make a living.

 

The state House is considering changes to laws pertaining to sex offenders.  They can start by using a common-sense definition for sex offenders.

 

Senate leaders are reconsidering the idea of eliminating corporate income taxes after the House killed the idea earlier this month.

 

One state legislator has introduced a bill that would benefit his own industry.

 

The Macon Telegraph agrees with me that the Senate's plan to fund transportation is better than the House's plan.  This is especially true considering that the House's bill includes projects meant for campaign donors to the Chairman of the House Transportation Committee.