John Hinderaker at Powerline on whether the US is turning into a banana republic.
"If the Pelosi bill is actually enacted into law (which I still think is doubtful) and upheld by the courts, there is no limit to the arbitrary power of Congress. In that event, we have no property rights and there is no Constitution--no equal protection clause, no due process clause, no impairment of contracts clause, no bill of attainder/ex post facto law clause. Instead, we are living in a majoritarian tyranny."
Isn't it unbelievable to everyone that Congress passed a bill that states that everyone who works for a company receiving bailout money and who makes more than $250k a year is taxed at 90% on all income above that limit? Yes. Seriously. They did that. I don't think you have to have the slightest knowledge of the Constitution whatsoever for that bill to fail to pass the smell test. John is right: if they can do this, they can do anything. And then the difference between the US Federal government and Robert Mugabe would be ...?
And a final note: I came up with the label "Topsy Turvy World" to describe some of the inexplicably foolish things that have been going on in the UK for some time; I never expected to use it about anything that happened here.