Last night, Jay Leno did what most reporters have been unwilling to do: Ask Obama a straight- forward question about the AIG bonuses.
Jay asked him this:
"Well, here’s something that kind of scared me. Today they passed this thing that says we’re going to tax 90 percent of these bonuses. And the part that scares me is, I mean, you’re a good guy — if the government decides they don’t like a guy, all of a sudden, hey, we’re going to tax you and then, boom, and it passes. I mean, that seems a little scary as a taxpayer."
Obama didn't bother to answer the question, but responded with this:
"I think that the best way to handle this is to make sure that you’ve closed the door before the horse gets out of the barn. … The change I’d like to see in terms of tax policy is that we have a system, going back to where we were back in the 1990s, where you and I who are doing pretty well pay a little bit more to pay for health care, to pay for energy, to make sure that kids can go to college who aren’t as fortunate as our — as my kids might be. Those are the kinds of measured steps that we can take"
This my friends, is a confiscatory tax policy and music to a Socialist's ear.
As Margaret Thatcher once said:
“The problem with socialism is that you eventually, run out of other people’s money.”