I like this precedent

Byline: | Category: Economy, Government, Taxes & Spending | Posted at: Friday, 20 March 2009

As bad a precedent as the AIG bill is, there is one positive.  Congress has established the principle that $165 million is not too inconsequential a sum as to require strict budget hawkishness.  I can’t wait to apply that standard during the next earmark fight.

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5 Responses to “I like this precedent”

  1. D. K. Says:

    Do not fool yourself. The only precedent established here is that Congress will try anything, no matter how silly or unfair, if the poll numbers (after inflammatory media commentary) suggest strong public approval. Without the media outcry and poll numbers, even the most egregious earmarks will get the same treatment as before.

  2. Just Me Says:

    It’s a good theory, but it has a problem. To the left, there is no such thing a precedent. To be a lefty is to live in a purely tactical world where nothing that happened before ever mattered.

    For example, for 8 years, dissent was the highest form of patriotism, and “he isn’t my President” was cool. Not any more. To want Obama to fail is treason.

  3. steve bourg Says:

    Bob,
    I like the precedent too, except we know it’s not. It’s a stunt, a “mantra du jour” for the Democrats to bash big business, esp Wall Street. Obama’s going for the jugular, to whip his legions into a hysteria of feeling that they “deserve” to be able to determine the “fair” pay levels of Wall Street professionals. This is probably a life-long dream of Obama’s since his years hanging around with “Marxist profs” (his words from DFMF) at Oxy in L.A. and Columbia in NYC. He also attended many socialist rallies in NYC, he wrote in his book, at “Cooper Union” or some such locale. We have elevated a dangerous person, indeed, to lead our country off the cliff!

  4. Quotes of the Day: Congress Edition Says:

    […] “As bad a precedent as the AIG bill is, there is one positive. Congress has established the principle that $165 million is not too inconsequential a sum as to require strict budget hawkishness. I can’t wait to apply that standard during the next earmark fight.” – Bob Krumm […]

  5. Good point « Internet Scofflaw Says:

    […] Bob Krumm makes a good point about the AIG bill of attainder: As bad a precedent as the AIG bill is, there is […]