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If you want to see a classic example of how our government acts outside the law, watch this video with Glenn Beck ripping Connecticut's Attorney General a new one over the AIG bonuses. The good stuff starts about 1:30 into the video. Watch the AG squirm and stutter for 11 minutes as Beck continually asks him what law allows Connecticut's AG to take back the AIG bonuses (the eventual answer - there isn't one).
After watching Beck destroy this government clown, I only hope Beck, who lives in Connecticut, has his own financial house in locked-down airtight order. Then again, it doesn't really matter. If the government wants you, the government will get you.