Legal experts are saying efforts by Congress to retroactively tax bonuses paid to AIG executives would most like hold up in court. Some Republicans, such as New Hampshire senator Judd Gregg have stated a belief that the tax would be unconstitutional, citing a constitutional prohibition against ex post facto laws. AIG executives, meanwhile, utilized their own Latin phrases, hoping for a deus ex machina.
According to a federal report, nearly all of the bird species native to the state of Hawaii are in danger of becoming extinct. Officials cite diseases and destruction of habitat as main causes. In an unrelated story, cereal officals would not comment on rumors that Toucan Sam has become extinct after following his nose to an overdose of cocaine.
The European Union is resisting calls from the United States to follow its example and increase spending. In a statement, the EU stated it wished to do things its way. The statement was quickly followed by a one-line statement from the US: "C'mon, everyone else is doing it."
Democratic Senate majority leader Harry Reid has sent President Barack Obama a letter requesting elaboration on a prohibition in the new stimulus package that would seemingly prevent casinos from seeking bailouts. In an unrelated story, Las Vegas casino MGM Grand has sent a letter to President Obama inviting him to come and play their new Trillion Dollar Slots.
