Saturday, October 4, 2008

Bailout! They Just Can't Help Themselves!!

Maybe you agree with the bailout, maybe you don't. Whatever your feelings, you've got to be stunned at the number of earmarks in this piece of legislation. While our elected officials worked into the wee hours to save us from certain disaster, they found time to spend another $100B+ of our hard earned money!! This is almost criminal, and if I can find a list of names associated with this I'll certainly link to it.

I've extracted a couple of my favorite parts -- from text I located on the New York Times site. Which ones do you like? These are just great!! I don't see how we'll surive without this!! Alright, anything that helps rum production, I'm for...


Sec. 308. Increase in limit on cover over of rum excise tax to Puerto Rico andthe Virgin Islands.
Sec. 309. Extension of economic development credit for American Samoa.
Sec. 310. Extension of mine rescue team training credit.
Sec. 311. Extension of election to expense advanced mine safety equipment.
Sec. 312. Deduction allowable with respect to income attributable to domesticproduction activities in Puerto Rico.
Sec. 313. Qualified zone academy bonds.
Sec. 314. Indian employment credit.
Sec. 315. Accelerated depreciation for business property on Indian reservations.
Sec. 316. Railroad track maintenance.
Sec. 317. Seven-year cost recovery period for motorsports racing track facility.
Sec. 325. Extension and modification of duty suspension on wool products; woolresearch fund; wool duty refunds.

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