Quotes of the Day: Congress Edition
“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
“I was thinking: How about imposing a 90% tax on the income over $100,000 of some of the people who caused this mess? Perhaps not at the top of most lists, but fairly near the top, should be Christopher Dodd, Barney Frank, and the leaders of Fannie Mae, Freddie Mac, and ACORN. ” – Jim Lindgren
Lindgren’s jibe is partisan, since surely a large number of Republican politicians bear some responsibility, too. But, surely, the chairmen of congressional committees with oversight over the financial sector are more culpable than mid-level analysts at AIG or CitiBank?