I actually did fill out an office bracket earlier this morning. Problem is I don't remember who I picked. I have Memphis winning it all, though. Don't ask why.

6 p.m.

• Before you start saying OMG TAX THE RICH, remember that one day it may be you in the government's cross-hairs. Hell hath no fury like a public official with an ax to grind.

Acting swiftly, the Democratic-led House approved a bill Thursday to slap punishing taxes on big employee bonuses at firms bailed out by taxpayers. In some cases the bonuses might be taxed 100 percent leaving the recipients with nothing.

 

The bill would impose a 90 percent tax on bonuses given to employees with family incomes above $250,000 at American International Group and other companies that have received at least $5 billion in government bailout money.

 

"We want our money back now for the taxpayers," House Speaker Nancy Pelosi said...

Then why did you do this, you cunt?

...Democrats led the charge in an attempt to get in front of raging public anger over the AIG bonuses, even though a provision that would have made such payouts illegal was stripped from last month's $787 billion stimulus bill by its Democratic sponsors.

And let's also strip the retention bonuses of these people.

Fannie Mae is due to pay retention bonuses of between $470,000 and $611,000 this year to some executives, despite enormous losses at the government-backed mortgage company. Fannie's main rival, Freddie Mac, also plans to pay such bonuses but hasn't yet provided details.

And while we're at it, let's have Barney Fwank take a bit out of his account just for shits and giggles.