I love a good fight as much as the next guy, and I never thought ANY of these banks should have gotten a dime from the government, but, beyond the simple fact that Chuck Schumer is a complete idiot, the fact that he would even make a statement like this should be chilling enough to bring on a new ice age.
Scary as hell if you ask me.
“They should voluntarily return them. If they don’t, we plan to tax virtually all of it,’ New York Sen. Chuck Schumer declared on the Senate floor.
‘To those of you getting these bonuses: be forewarned, you will not be getting to keep them.“
That may be as chilling a statement as I’ve ever personally heard out of the mouth of a politician. But read on and you’ll begin to see what a mire of stupidity we’re in, and on all sides of the political spectrum.
AIG bonus checks may be taxed at up to 100%, says Sen. Chuck Schumer | via NY Daily News
Victory has a thousand fathers, indeed.