Pulling back the curtain in this from David Harsanyi in the Denver Post:
To paraphrase Obama’s chief of staff, Rahm Emanuel, no serious crisis should ever go to waste. And this week it was reported that House Financial Services Committee Chairman Barney Frank — whose hands are all over the housing end of this mess — said that Congress would also look into extending compensation caps to all businesses.
Obama and Frank, men who have managed a total of zero businesses between them, believe they have the fiscal acumen to dictate when profits should be made in the (no-longer-very-free) market. What happens when the next president — one you might not have the same unfathomable adoration for — begins injunctions on profit? Well, then, I suppose, we can call it an abuse of executive power.
Well, then, it is not a stimulus bill. It is a left-wing omnibus bill to restructure the economy without much debate. Unless you believe $4.2 billion for “neighborhood stabilization activities” — or any of the everlasting partisan pork in the bill — can save a job.
Are we getting the picture here folks? This is nothing less than a power grab of epic proportions. Made possible, in part, by the generous contributions of the stupid party over the last eight years.