Wednesday, August 19, 2009

Be Afraid. Be Very Afraid.

'PAY Czar' Kenneth Feinberg's official government title is "special master for compensation." You'll be happy to know that he's really getting into the confiscatory spirit of his role. Asked by Reuters if his powers include reaching back and revoking bonuses awarded to financial-industry executives before his office was created this year, Feinberg asserted broad and binding authorities -- including the ability to "claw back" money already paid out.
The above is the opening paragraph to Michelle Malkin's article in The New York Post titled "THE INFINITE ARM OF O'S 'PAY CZAR'"

Surely, this czar thing is rapidly becoming unConstitutional? How could these unelected individuals have more power than the US Legal system? This is scary and awful.

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