Political Quote of the Day

From Economist and Movie Star Ben Stein, regarding the latest strong-arm tactic by Obama against BP:

"The action of the President in demanding this immense transfer of the stockholders' wealth without any legislation or court decision is extremely worrisome. We live in a Constitutional Republic. The President's job under the Constitution is to enforce the laws made by the elected Congress. His job is not to create new laws and enforce them all by himself. His job is as magistrate under the Constitution, not as Caudillo. He is not the law. He is supposed to enforce what Congress decides. The BP behavior is reminiscent of how, immediately after assuming office, Mr. Obama, with no Congressional authority or administrative allowance, simply made a phone call to fire the head of GM. When I called the White House press office to ask under what law or regulation Mr. Obama was acting, I was told he did not need a law. If the government put a lot of money into GM, it could call the shots at GM, I was told. But under what authority, I asked. 'None needed,' was the final answer."

There's more at the link - read it all.