Last week, Zach Wamp met with us and emphasized the importance he placed on individual liberty, fiscal responsibility, and the Constitution. I’m happy to see that he, along with TN Representatives Jimmy Duncan and Marsha Blackburn, are co-sponsoring a bill to audit the Federal Reserve. However, it’s a little disappointing to see Wamp and Duncan would both vote in favor of seemingly unconstitutional taxing of the AIG bonuses.
Wanna know what I think (I assume you do because you are reading this)? I think most of these reps knew the taxing of the AIG bonuses is unconstitutional and knew that it will never happen. Therefore, it’s a win/win. They think they will look like they are sticking up for the “little guy” to their constituency, all the while knowing their arses are covered for voting on legislation that allowed the bonuses to be paid in the first place.
“I made a mistake, and I tried to reconcile it, but the Supreme Court shot it down” or some such nonsense.