Thursday, March 19, 2009

House Passes Bill of Attainder

What. The. Hell?

Responding to public outrage over bonuses paid to American International Group Inc. executives, the U.S. House of Representatives slammed through a bill today that would impose a punitive 90-percent tax on bonuses paid by AIG and other financial companies that receive federal assistance.

The House vote was 328-93.

The bill would apply to bonuses of people receiving more than $250,000 per year. The bill would only apply to payments from companies receiving more than $5 billion from the federal government.
In all, 243 Democrats and 85 Republicans voted “yes” on the bill. The bill was opposed by six Democrats and 87 Republicans.

[...]

In the Wisconsin Congressional delegation, seven members voted for the bill: Gwen Moore (D-Milwaukee); David Obey (D-Wausau); Tammy Baldwin (D-Madison); Ron Kind (D-La Crosse); Paul Ryan (R-Janesville); Thomas Petri (R-Fond du Lac); and Steve Kagen (R-Green Bay).

First Paul Ryan votes for the bailout.  Now he votes for this?  Not only is this clearly a Bill of Attainder (not to mention ex post facto) and unconstitutional, it is an utter attack on private property and business.  What the hell is Paul Ryan doing?

Thank you, Congressman Sensenbrenner, for voting correctly on this bill.

(12) Comments
Posted by Owen at 1905 hrs
Politics + Politics - General + Politics - Wisconsin