I got your relief package right here, punchy

Reverend_Hellh0und · 10-01-08, 02:15 PM

Can you believe this nonsense?

Wool research? Film and televisionm production? Wooden Arrows?

WTF? I think ALL the incumbants should be voted out.

RedState: Bailout Bill Language, Senate Version

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)

shuamort · 10-01-08, 02:51 PM

I think it's time to push through a constitutional amendment for line item veto authority.

I'm reading through this and finding some more crap:
704. TEMPORARY TAX-EXEMPT BOND FINANCING AND
20 LOW-INCOME HOUSING TAX RELIEF FOR
21 AREAS DAMAGED BY HURRICANE IKE.

‘‘TITLE II—SPECIAL PROJECTS
2 ON FEDERAL LAND

‘‘SEC. 712. PARITY IN MENTAL HEALTH AND SUBSTANCE
7 USE DISORDER BENEFITS.’’.

shuamort · 10-01-08, 02:56 PM

Page 262 of the PDF gives the highlights of this (or lowlights as it were):

263
O:\AYO\AYO08C32.xml S.L.C.
TITLE V—ADDITIONAL TAX RELIEF AND OTHER TAX
PROVISIONS
Subtitle A—General Provisions
Sec. 501. $8,500 income threshold used to calculate refundable portion of child
tax credit.
Sec. 502. Provisions related to film and television productions.
Sec. 503. Exemption from excise tax for certain wooden arrows designed for
use by children.
Sec. 504. Income averaging for amounts received in connection with the Exxon
Valdez litigation.
Sec. 505. Certain farming business machinery and equipment treated as 5-year
property.
Sec. 506. Modification of penalty on understatement of taxpayer’s liability by
tax return preparer.
Subtitle B—Paul Wellstone and Pete Domenici Mental Health Parity and
Addiction Equity Act of 2008

MC.no.spin · 10-01-08, 03:23 PM

What's even more ridiculous is that the Senators will be voting on this 500 page piece of garbage without even having read it. They'll just be told by lobbyists they cater to that it's got the goods they were looking for, so two thumbs up.

This is a total perversion of the Constitution to write bills like this.

danarhea · 10-01-08, 03:31 PM

Quote:

Originally Posted by MC.no.spin

What's even more ridiculous is that the Senators will be voting on this 500 page piece of garbage without even having read it. They'll just be told by lobbyists they cater to that it's got the goods they were looking for, so two thumbs up.

This is a total perversion of the Constitution to write bills like this.

I find it interesting that it started out with THREE PAGES. That's the government for you. If the government nationalized the beer industry, the instructions for making beer would consist of 20 volumes at 1,000 pages each, and they could not make the beer for under $2,500.00 per six pack.

shuamort · 10-01-08, 03:46 PM

Quote:

Originally Posted by danarhea

I find it interesting that it started out with THREE PAGES. That's the government for you. If the government nationalized the beer industry, the instructions for making beer would consist of 20 volumes at 1,000 pages each, and they could not make the beer for under $2,500.00 per six pack.

True, but if you were poor, the democrats would find a way to subsidize those suds so you could get it for free.

shuamort · 10-01-08, 04:01 PM

By the way, we are no longer to call this a "bailout", it's now a rescue.

"The first thing I'd do is say,'Let's not call it a bailout,'' McCain said this morning. "Let's call it a rescue. Because it is a rescue of Main Street America..."

McCain is sure in a pickle now. He feels he has to pass this "rescue" plan, but if he passes a bloated bill with these earmarks, the dems are going to jump on the hypocrite express and he's gonna lose some credibility points.

GottaHurt · 10-01-08, 04:29 PM

Precisely why I say let the markets crash. They keep talking about this being a rescue plan for "Main Street", when it's just another hand out to anyone who can get their lobbyist to the trough fast enough.

Iriemon · 10-01-08, 04:53 PM

I agree that trying to add anything to a bill this important is lame. They have enough of a problem trying to sell it to a mad populace without adding unnecessary conditions to it.

Panther · 10-01-08, 05:27 PM

They just can't help themselves.

Pisses me off.

AFAIC, any unrelated pork would give me justification for voting no.