We’ve got a corporation so out of control, that it thinks handing out bonuses while bankrupt is A-OK. We have a Congress so out of control, that it hands out billions of bailout dollars — with an implicit okdey-dokey for said bonuses. Our Congress then goes even further out of control, and passes a law taxing those bonuses at 90%.
Here’s a little tip for the congenitally clueless in Washington: Nothing destroys wealth creation like uncertainty, and you guys make the Three Stooges look like Kabuki theater.
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