Senate Lays Down Its Pitchforks---For Now....

Responding to the cool response from the Obama Administration to the House effort to vindictively target/tax the AIG bonuses, the Senate appears to be slow-rolling the effort to lynch the AIG execs. This is good news, and it represents to some extent, the wisdom of the founders in creating two bodies in the legislature. One--the House--directly elected by the people every two years--is more responsive to the people, both the better and the lesser angels of their nature. The Senate--originally appointed to six year terms by the state legislatures--is there to temper the passions of the people so that wise policies might be adopted. Though the Senate today appears more like a House with longer terms (due to direct election), it is carrying out its envisioned function on this matter.