After careful analysis, the Congressional Research Service has found that both HR 1586 and S 651 may violate Article 1, Section 9, Clause 3 of the United States Constitution, according to Roger Russell, writing at WebCPA.
“The Congressional Research Service reached the conclusion that while certain aspects of the proposed taxing schemes may raise concerns under [...]
Entries Tagged as ‘AIG’
March 31, 2009
Fine Legal Minds
March 21, 2009
Patty Murray, Hypocrite First Class
Just a quick tidbit for your consideration. I’ll have more to say on the AIG bonuses later today.
Although Patty Murray voted for both the TARP legislation, which originally authorized the bank bailouts, and the ARRA (stimulus) legislation, which specifically protected bonuses such as those paid at AIG, Senator Murray saw no inconsistency in being one [...]
March 19, 2009
Constitution Be Damned!
Article I, section 9, clause 3 of the United States Constitution: No Bill of Attainder or ex post facto law shall be passed.
From U.S. Constitution Online:
attainder n. The loss of all civil rights by a person sentenced for a serious crime. [< OFr. attaindre, to convict] Source: AHD
In the context of the Constitution, a Bill [...]
