A horse is a horse, of course, of course

Here at KPC we've been using the saga of the old lady who swallowed the fly as a parable for the government's actions in this our hour of crisis (as have some of our more tawdry imitators).

When, in the context of the AIG bonus sideshow, a commenter asked me "what the horse would be", I hazarded a guess of government pay scales for everyone.

So this has to to at least be a Shetland pony:

"The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said."

Yikes!