...On the AIG bonuses

"In a nutshell: Whatever those mid-tier AIG employees are getting in the way of contractually guaranteed bonuses is absolutely trivial when compared with the eventual cost of setting a precedent whereby Congress feels itself entitled to unilaterally, arbitrarily and retroactively abrogate legal contracts.

A Congress that thinks it is at all right and proper to retroactively tax into oblivion the proceeds from any business transaction legally and freely entered into by both parties is a Congress which is a threat to the liberty and prosperity of all Americans."
CounterColumn

Exactly