Uh Oh.Posted: March 18, 2009
When Congress and the White House were “crafting” the stimulus package, Senators Ron Wyden and Olympia Snowe (he a Democrat, she a Republican) put in a provision to discourage bailed-out companies like AIG from paying their executives big bonuses — namely, a 35% federal excise tax on said bonuses.
Sometime in the middle of the night before the Senate vote, that provision got removed. Nobody seems to know how or why. Or whodunnit.
Is it going to turn out that the person who directed the removal of the provision was someone in the Obama Administration?
Please make that not be so.
Because that would realllly suck.