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This Sounds Like A Challenge

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In the House, Reps. Steve Israel, D-N.Y., and Tim Ryan, D-Ohio, introduced a bill that would that would tax at 100 percent bonuses above $100,000 paid by companies that have received federal bailout money.

Not that the AIG'ers deserve the money, but true or false, the last 24 hours have turned into a game of elected officials attempting to one up each other with submissions for how, if we can't stop the bonuses, we can make things as uncomfortable as possible for those on the receiving end. In which case, it's pretty obvious that we gather everyone up, head out to a cattle ranch in Montana and throw their bonuses out the window of a corporate jet (from a TARP-taking bank) in one and five dollar denominations. They'll still get it, but it'll be hard, and you know at least a handful of individuals will deem it not worth the effort. Or there's always this route. The first Congressman or Lady to seriously suggest receives a cheesesteak, on us.
Congress threatens to tax AIG executives' bonuses [AP]


Tim Geithner's Father-In-Law Sounds Like A Delightful Drunk*

Make what you will of this somewhat bizarre story but our takeaway is that the Treasury Secretary's FIL would make a great party guest and/or Benihana tablemate. Food critic Albert Sonnenfeld, whose daughter, Carole, is wed to the country’s top money man, stunned strangers at Bar Boulud Thursday night when he claimed President Obama’s nomination of Dartmouth College president Dr. Jim Yong Kim to head the World Bank was part of a plan to allow Geithner to take over the Ivy League school’s top post...“That’s why Obama nominated [Kim] for the World Bank — so that there’d be an opening,” Sonnenfeld claimed to a dinner companion at the eatery’s communal table. Seated with five other couples he didn’t know, Sonnenfeld indiscreetly claimed Geithner has since changed his mind. “They offered him the presidency of Dartmouth. But now he doesn’t want it,” said the gabby granddad. “He wants something else...Sonnenfeld also let slip that Carole Geithner “can’t wait to get out” of DC because “she has to hold her nose and entertain all these Republicans.” Sonnenfeld added, according to the witness, “Some of them she actually liked, like Jim Bunning from Kentucky. But now he’s gone. Can you imagine having to entertain John Boehner and his wife, with his fake tan?” Geithner spokesman Anthony Coley told us, “Interesting theory about Dartmouth, but to paraphrase Kissinger: ‘It has the disadvantage of being made up.'" [NYP] *It's not actually clear if he was drinking. If this is how he is sans sauce, all the better.