Here is David Harsanyi on the AIG bonus story:
Here's an idea: If you stop
nationalizing banks, there will be no need to engage in phony-baloney
indignation over bonus payments anymore.
This cockamamie populism in Washington really hit its stride
when Iowa Republican Sen. Charles Grassley suggested that AIG execs who
earned bonuses should "follow the Japanese example and come before the
American people and take that deep bow and say, I'm sorry, and then
either do one of two things: resign or go commit suicide."
C'mon. If suicide were a proper penalty for piddling away
taxpayer dollars, the National Mall would look just like Jonestown
after refreshments.
Read the whole thing. He gets it exactly right. Superb.