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.
All.
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.
I’ve been reading through Atlas Shrugged. Lately it’s as if I read about something in the evening and then I see it on the news the next day.
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