If enacted into law, the bill would certainly be challenged as a “bill of attainder” - a legislative act designed to punish an individual or well-defined group of individuals without a trial.
The AIG Confiscation Law is also an illegal ex post facto law.
>>If enacted into law, the bill would certainly be challenged as a “bill of attainder” - a legislative act designed to punish an individual or well-defined group of individuals without a trial.
The AIG Confiscation Law is also an illegal ex post facto law.<<
If they apply it to everyone who takes billions in bailout money, I doubt you will get much sympathy saying the constitution prevents us imposing limits on how they use that money.