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Old 10-04-2008, 09:56 PM   #727 (permalink)
Snugglebear
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Join Date: Jul 2007
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Quote:
Originally Posted by Kiroy View Post
Just in case anyone wants to read the bailout:

Text of Wall Street Bailout « Senate Conservatives Fund

Went from 3 pages, to 100 pages, to 450ish... someone has a sore hand (it's a little known fact that pageboys have to hand write new bills then senior page boys type them out).

Oh and here are more of the special interests we're paying for:

New Tax earmarks in Bailout bill
- Film and Television Productions (Sec. 502)
- Wooden Arrows designed for use by children (Sec. 503)
- 6 page package of earmarks for litigants in the 1989 Exxon Valdez incident, Alaska (Sec. 504)
Tax earmark “extenders” in the bailout bill.
- Virgin Island and Puerto Rican Rum (Section 308)
- American Samoa (Sec. 309)
- Mine Rescue Teams (Sec. 310)
- Mine Safety Equipment (Sec. 311)
- Domestic Production Activities in Puerto Rico (Sec. 312)
- Indian Tribes (Sec. 314, 315)
- Railroads (Sec. 316)
- Auto Racing Tracks (317)
- District of Columbia (Sec. 322)
- Wool Research (Sec. 325)

Can't say I disagree with helping out the Rum industry.

The wooden arrows is LOL. But apparently the tax on arrows (in general) was changed from 11% to a flat 39 cents. Which is good for steel arrows, but not good for fake wooden arrows that don't even cost 39 cents to make. So the tax break was instituted. I guess you gotta get it in somewhere. Might as well put it on semi-must-pass legislation.
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