Thursday, March 19, 2009

It's On!

The House is set to vote on a measure to impose a 90% tax on bonuses given out by firms that received government aid. Republicans are criticizing the measure, as one might expect (and as Democrats planned?)

This is a smart move on the part of the Democratic leadership, as it might well shift outrage toward a party that has hypocritically attacked the Obama administration for doing the very thing its leadership was recommending earlier in the crisis. The public doesn't much care what needs to be done to get this money back, and if the GOP is seen as standing in the way of it, or even blocking it altogether, they'll find themselves in a very uncomfortable position vis. a vis. the voters. It's a hard-edged gambit. Let's see if the GOP accepts it, or declines.

1 comment:

CTYankeeinOR said...

Funny how there is no mention of the BILLIONS wasted in Iraq on Halliburton no-bid contracts, the bonuses paid to Merill, Bears Stearns, etc... Could it be the "liberal" media has seized upon AIG because of the guy in power now? Not.