From an editorial yesterday in the left wing Miami Herald: "It is true that the bonuses may be part of ''retention'' deals the Financial Products unit has with AIG, and they are legally binding. Whatever the legal obstacles are, they must not be allowed to trump common sense and what is morally right." We've been taught that America is the business capital of the world because of our rule of law. Regardless of how we view the AIG bonus pool the fact remains these bonuses are not only contractually required but Congress also specifically allowed them-after rancor-to be included in the bailout bill. What's since changed? MOB RULE. Not the rule of law but the rule of the media, Congress and the impact of their outrage as it spills onto the American Street. The equivalent of us saying, "we KNOW he killed that little girl just hang him now and spare the expense of a trial." Us Libertarian cynics saw this coming THREE YEARS AGO. How is this for a parallel. The NFL team called the X-Men play in a publicly built, subsidized stadium. The X-Men's first round draft pick Thadeus Johnson signs a lucrative deal paying him a $8,000,000 signing bonus with further bonus payments and deferred salary guaranteed in 2012. Alas, Thadeus is a bust. He reports to camp out of shape, has a couple of brushes with the law and can't beat out the lower paid veteran competing for the same job. In 2011 Thadeus is waived and goes back to his life as a dope smoking, tattoo attired, corn row hair styled young adult in Abilene. Yet he still receives his guaranteed money. Even though the taxpayers who helped build and operate X-Man Stadium are de facto subsidizing the X-Men and therefore paying the bonus that Thadeus uses to buy his 4th Bentley-the contract is legally binding. Laws are all we have. These bonuses are literally one-one thousandth of the total money AIG received from Congress. To put that 165m in context-it's less than this years payroll of the New York Yankees who will debut a $850,000,000 taxpayer funded stadium. As the economy sinks into a jobless depression Congress and the media rearrange the deck chairs on the Titanic. What a nice diversion for Timmy Geithner and the hapless administration. We were tools for allowing the bailout but we're BIGGER TOOLS for wasting this much time and money in the destruction of our legal institutions. Today it may be a d-bag AIG exec getting the shaft-don't applaud-tomorrow it's you or me. After all it's not about laws it's about the moral play de' jour.