An amusing editorial in the Washington Times
Washington is overwhelmed by anger over the AIG bonuses. How could government money be going to pay millions in bonuses to employees who were responsible for losses that resulted in AIG taking $173 billion in government bailouts? Of course, if we had our way, the government wouldn't have bailed out the company to begin with.
Politicians who supported the bailout have had their own solutions. Sens. Chris Dodd and Charles Schumer are threatening to get the bonus money back by taxing away every dollar that these former or current AIG employees get in bonuses. Yet, with deductions and other complications that won't get everything back.
Well, we have a simple solution to help make up the difference and help taxpayers get back some of the employees' supposed "ill-gotten" gains. . . .