Remember when:
FDR went on the campaign trail in 1936 and said, “You poor people are doing your share, but the rich are avoiding the taxes. We should make them pay.”  And he recommended a tax to congress, on all income over one hundred thousand dollars. His recommendation in 1941 was for a 99.5 percent tax on […]

The upcoming G20 global economic summit could become ground zero for a showdown and assault against the dollar as the world’s reserve currency.
China has publicly thrown its support behind other emerging economies such as Russia which want to shift the world’s currency away from the dollar to a new currency run by the International Monetary […]

The following are some noteworthy clauses in some legislation that is known by many names,

Americorps Expansion legislation
Obama Youth Volunteer Bill
The GIVE ACT

H.R. 1388 as introduced in the House had the following section 6104

SEC. 6104. DUTIES.
. . .
(b) Specific Topics- In carrying out its general purpose under subsection (a), the Commission shall address and analyze the […]

The Administration sets its grabbing hands at more power.

Administration Seeks Increase in Oversight of Executive Pay
“The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said.”

This is for all banks, not just […]

An interview on Wall Street Journal’s Law Blog with Harvard’s Laurence Tribe has more on the constitutionality questions of legislation taxing the AIG Bonuses.
Tribe is of the opinion that none of the five most commonly posed potential constitutionality conflicts is likely to pose a problem, namely:

Bill of Attainder
Ex Post Facto
The Contract Clause
The Due Process Clause […]

H.R. 1586 the expressed purpose of which is “To impose an additional tax on bonuses received from certain TARP recipients.”
The Bill targets current and former employees of covered TARP recipients.
The Bill places a 90% tax on the bonus amount received
Executive Summary from GOP.gov
H.R. 1586 would impose a new 90% tax on bonuses received by employees […]

Congress is in the midst of crafting legislation to tax AIG bonus recipients 100% on their bonuses.
1) Is the fact that this proposed legislation would be a retroactive tax unconstitutional?
In general, the federal government is prohibited from passing ex post facto laws by Article I, section 9 of the U.S. Constitution and the states are […]

Now Senator Chris Dodd says he in fact was responsible for the AIG bonus loophole.
Did Dodd have a change of heart or is someone forcing him to take the fall? Someone check for tire tracks on his back.

Fox News anchor Shepard Smith, on the role of Congress in the AIG Bonus fiasco, said, “It’s about time for America to get mad!”
Shep Smith outlined the history of events that has lead up to the current situation with AIG. He took special pains to highlight the role of Congress in the whole […]

Pelosi says that is it un-American to enforce immigration policy where people work or live.
Kelly Zito of the San Francisco Chronicle writes an article (”Pelosi: End raids splitting immigrant families”) about yesterday’s “National Family Unity” event in San Francisco. That’s part of a national tour designed to press for comprehensive immigration reform that’s sponsored by […]

President Obama has expressed outrage at bonuses AIG gave to employees and wants that money returned.

President Barack Obama declared Monday that insurance giant American International Group is in financial straits because of “recklessness and greed” and said he intends to stop it from paying out millions in executive bonuses.
“It’s hard to understand how derivative […]

As part of a divorce case, a mother, Vanessa Mills, is being forced by Court order to stop home schooling her kids and send them to public school.
As part of a continuing divorce case, Wake District Court Judge Ned Mangum said last Friday that it would be in the “best interests” of Venessa Mills’ three […]

Carville wanted Bush to Fail but that got nowhere close to the media attention as when Rush Limbaugh said he wants Obama to fail, referring to Obama’s leftist and socialist leaning agenda and policies. In fact, Carville’s statement got no media attention at all.

S.B. 1098 - AN ACT MODIFYING CORPORATE LAWS RELATING TO CERTAIN RELIGIOUS CORPORATIONS.
That is the title of a Bill in Connecticut that has caused quite a stir.
“The measure, which was raised as a committee bill by the Democratic co-chairs of the influential judiciary committee, would allow the finances of local parishes to be run by […]

Obama’s legislative activity since elected has been, among many other dangerous things, a war on business. It is as though an enemy state has planted a Manchurian Candidate in the White House with the goal of destroying our economy.
This is the metaphor Kevin Hassett employs as he comments on Obama’s presidency thus far.
He poses […]