Post by: Manedwolf on October 01, 2008, 10:04:28 AM
Some of the highlights people have pointed out, though:
Quote
New tax earmarks in Bailout bill
* Film and Television Productions (Up to $15,000,000.00; 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)
* Film and Television Productions (Up to $15,000,000.00; 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)
Our government at work.
Post by: MicroBalrog on October 01, 2008, 10:07:14 AM
Post by: agricola on October 01, 2008, 10:09:58 AM
Post by: Lennyjoe on October 01, 2008, 10:19:26 AM
Post by: Northwoods on October 01, 2008, 10:44:00 AM
Post by: 41magsnub on October 01, 2008, 11:01:13 AM
Post by: Manedwolf on October 01, 2008, 11:03:42 AM
This is almost a compelling argument for a line item veto... almost.. besides that pesky not constitutional thing.
I think it's more a candidate for the sort of thing that happened in the 19th century, when some people in Congress got beaten with a cane.
Even with something this supposedly important, they can't resist the stupid appropriations for ridiculous things.
Post by: Lennyjoe on October 01, 2008, 11:03:47 AM
SEC. 502. PROVISIONS RELATED TO FILM AND TELEVISION
PRODUCTIONS.
SEC. 503. EXEMPTION FROM EXCISE TAX FOR CERTAIN
WOODEN ARROWS DESIGNED FOR USE BY CHILDREN
Other than that, no ACORN or anything else that would be misappropriation of said funds.
I wonder, my property in Arizona is not what I would concider a "troubled asset" to me. But, what if my mortgage company turns the assets over to the .gov? How will that affect me?
Post by: buzz_knox on October 01, 2008, 11:09:27 AM
I wonder, my property in Arizona is not what I would concider a "troubled asset" to me. But, what if my mortgage company turns the assets over to the .gov? How will that affect me?
Your contract should still control. Unless you've got a provision allowing for readjustment of the rates upon a change in ownership of the note (or unless Congress decides to screw around with such notes), you shouldn't see much of a change other than a new address to send payments. Now, if you miss a payment, you'll be dealing with the federal bureaucracy and all the joy that entails.
Post by: longeyes on October 01, 2008, 01:37:21 PM
(thank you, Winston)
Post by: MicroBalrog on October 01, 2008, 01:39:11 PM
Quote
Even with something this supposedly important, they can't resist the stupid appropriations for ridiculous things.
That's EXACTLY why they're putting these there, they're hoping it's too important to get shot down.
Post by: The Annoyed Man on October 01, 2008, 01:49:48 PM
EDIT: Ooh ho ho. It's back up. Now, where did I put that file?
TOo bad the site is at a crawl-pace.
Post by: Headless Thompson Gunner on October 01, 2008, 02:55:21 PM
Post by: Crosshair on October 01, 2008, 03:38:42 PM
Post by: longeyes on October 01, 2008, 04:18:12 PM
Quote
McCain needs to get out in front of this thing and make a stand against all of the earmarks.
You're kidding, right? Maybe there's a tax break in there for beer distributors.
Post by: Headless Thompson Gunner on October 01, 2008, 04:34:18 PM
Post by: Nitrogen on October 01, 2008, 04:57:13 PM
Do we EVER learn??
Post by: Headless Thompson Gunner on October 01, 2008, 05:00:58 PM
Quote
McCain needs to get out in front of this thing and make a stand against all of the earmarks.
You're kidding, right? Maybe there's a tax break in there for beer distributors.
Did you watch the debate the other night? McCain spent the first half hour railing against earmarks, and describing all that he's done over the years to prevent pork spending. Well, now he has (had) a prime opportunity to practice what he preaches by opposing all of the pork in this bailout bill.
He had a golden opportunity, and he blew it.
Post by: Liberty.45ACP on October 01, 2008, 05:42:32 PM
Just emailed my state's senators. I can't email my district Representative, because the House.gov site is still down. I had a few words to share about that 'yes' vote.
EDIT: Ooh ho ho. It's back up. Now, where did I put that file?
TOo bad the site is at a crawl-pace.
EDIT: Ooh ho ho. It's back up. Now, where did I put that file?
TOo bad the site is at a crawl-pace.
Try using congress.org instead. It's been going the entire time.
Post by: K Frame on October 01, 2008, 05:51:51 PM
Pork....
Post by: Monkeyleg on October 01, 2008, 06:53:50 PM
MMMMMMMMMMmmmmmmmmmmmmmmmmmmm...
Pork....
Pork....
The other white meat.
Wait. Can I say that?
Post by: roo_ster on October 01, 2008, 06:56:13 PM
http://corner.nationalreview.com/post/?q=YmQ0OTI5ZGI2NjFhYmFkMjIyZjVlMzUxNmNmOTFlOTM=
Post by: longeyes on October 01, 2008, 08:07:23 PM
Quote
Did you watch the debate the other night? McCain spent the first half hour railing against earmarks, and describing all that he's done over the years to prevent pork spending. Well, now he has (had) a prime opportunity to practice what he preaches by opposing all of the pork in this bailout bill.
He had a golden opportunity, and he blew it.
He had a golden opportunity, and he blew it.
Earmarks are not the big economic problem; that's just one of McCain's obsessions (and he has several). He stood there smiling while Obama said he'd lowered taxes for 95 per cent of Americans. How a guy who has promised to raise payroll, capital gains, dividends, corporate, and inheritance taxes is going to help Mr and Mrs Middle America is beyond me.
McCain could take his game to the small business person and entrepreneur. LOTS of votes there. But he's clueless about that, maybe because he's never been involved in small business himself.
McCain had better hope the Russians act up in the next few weeks.
Post by: RadioFreeSeaLab on October 01, 2008, 09:32:38 PM
Post by: Matthew Carberry on October 01, 2008, 10:47:38 PM
Post by: roo_ster on October 02, 2008, 05:00:05 AM
I'm a banker and mortgage broker...
I'm down with that.
Getting kinda tired of the "Carebear Jesus" depicted in so many churches, nowadays.