If we can prevent the government from wasting the labor of the people
under the pretense of caring for them, they will be happy. - Thomas Jefferson


Sunday, October 26, 2008

Bailin' Out Who?

And we were told they were going to bail out Wall Street...

Now we know why Congress voted no the first time. The poor Congresspeople were never given the appropriate chance to tack their pet projects onto the bill!

I'm glad there is a bailout for rum, 'cause I'm going to need a few shots to get through this one.

Here's a list of SOME OF what else got bailed out in the $750BILLION bailout bill:

Sec. 503
This baby exempts taxes on a very particular type of non-reinforced wooden arrow. Sponsored by the Oregon Senators, our friends at Rose City Archery in Myrtle Point, Oregon will save over $200,000. What? You don't have any friends at Rose City Archery? Then why are you giving them handouts? E-mail the Oregon Senators and ask them why... Republican Senator Democratic Senator (Its nice to see republicans and democrats come together for our country... And people wonder why I vote third party...)

Sec. 317
Those poor owners of race track facilities need a hand too! So lets let them evade $100MILLION in taxes by modifying how many years they can write off depreciation on their facilities. Including their parking lots. I guess I'm going to have to start buying tickets to events so I can enjoy some of my tax money going up in the smoke of squealing tires.

Sec. 308
The one we've all been waiting for: Rum Rebates! We're throwing in $192MILLION to Puerto Rico and the Virgin Islands because they can't be expected to support our rum habits on their own. They need our help in earning a profit off of us. I guess there IS a little Captain in all of us.

Sec. 301
Lets throw $19BILLION at the R&D departments of Microsoft, Harley, Boeing and more. Because these are very small scale operations that need OUR money to create their product upgrades. I love the fact that Vista was partially my fault.

Sec. 504
I'm a tiny smidge torn on this one. This one allows the few people that are getting paid off by Exxon for the Valdez disaster average out their payments over 3 years to prevent the IRS getting their sizable share. Its an OK cause, but why'd it have to be thrown in on the bailout bill, and $49MILLION?

Sec. 601
Again, Oregon decides it needs some of my tax money. This one is $3.3BILLION to pay counties that aren't reaping the rewards they used to for raping our forests. (Thats pretty unfair, I'm a big fan of logging. But it sounds more dramatic this way...) Again, lets e-mail our folks in congress and ask them why we should be paying off counties in their states just because they've run out of forests to log... (Again, unfair, but I think I'm making my point...)
Representatives DeFazio (D-OR), Bill Sali (R-ID) (This guy is creepy a la National Bible Week on the House Floor); Senators Wyden (D-OR), Larry "Footsie" Craig (R-ID) (I'm sure glad Craig decided not to step down so he could save us in our time of need!)

Sec. 201
We are all pitching in on helping Texas, Nevada, Florida, Washington, and Wyoming cover their sales taxes at a cost of $3.3BILLION. Sounds fair to me!

Sec. 502
Next time you go to see any movie made in America try explaining to the minimum wage kid working the ticket sales booth that you've already paid your share with a $478MILLION tax break to the producers.

Sec. 325
Right here, in the bailout bill, is a tax credit to companies that offshore some of their operations in America Samoa. $33MILLION to the corporations that move our jobs offshore.

Sec. 201
More ethanol subsidies. Can't expect companies to make their own profit...

Sec. 211
$10MILLION to help people buy, store, and 'improve' their bicycles. Again, we can thank Oregon politicians. Senator Wyden (D-OR) and Representative Blumenauer(D-OR).

Sec. 323
Lets food companies write off donations of food they couldn't sell anyway.
The question: Poor People, or Dumpster? Since they aren't choosing dumpster, lets give 'em an extra $149MILLION.

Sec. 324
I completely agree with this one and think its a totally cool use of tax money during prosperous times. But, again, whats up with this being a part of the bailout bill? $49MILLION tax credit to those who donate books to schools.

Sec. 602
$9MILLION to former mine workers who worked at mines that closed down. (You mean mined resource are finite???)
Benefits mainly people in Pennsylvania, West Virginia, Kentucky, Virginia, and Ohio.
Paid for by Everyone.

Thanks to taxpayers for common sense!
Article found at the swamp (Chi Trib)

THIS is whyipaytaxes.

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