Thursday, October 2, 2008

Wooden Arrows!! You Know, For The Kids

My religious beliefs are such that at some point our government and country will be on the brink of collapse, and the only thing that will save it is the direct intervention from Christ, via the second coming. Thus I can't suppose to be too optimistic regarding government function, especially with this bailout thing. No matter the choice given to government I would think it to choose the one that will lead us into peril. Perhaps that is a good thing, but who knows?

This all came more clear upon reading this on Hit and Run (too good not to pass on to everyone I know):


Andrew Leonard goes digging in the Senate’s bailout package and finds a bunch of “sweeteners” added to lure in votes. Among them:

* Sec. 105. Energy credit for geothermal heat pump systems.
*Sec. 111. Expansion and modification of advanced coal project investment credit.
* Sec. 113. Temporary increase in coal excise tax; funding of Black Lung Disability Trust Fund.
* Sec. 115. Tax credit for carbon dioxide sequestration.
* Sec. 205. Credit for new qualified plug-in electric drive motor vehicles.
* Sec. 405. Increase and extension of Oil Spill Liability Trust Fund tax.
* Sec. 309. Extension of economic development credit for American Samoa.
* Sec. 317. Seven-year cost recovery period for motorsports racing track facility.
* Sec. 501. $8,500 income threshold used to calculate refundable portion of child tax credit.
* Sec. 503 Exemption from excise tax for certain wooden arrows designed for use by children.

There are also tax credits for solar and wind power, and a very expensive requirement that health insurance companies cover mental health the same way they cover physical health.
But remember, this is only about preventing an economic cataclysm.

Unbelievable!!! Too much crap for the House to pass, why not add some senate issuses to pork it up some more! Shouldn't energy credits for geothermal heat pumps be drawn up into an "energy bill"? And for that matter shouldn't excise exemptions for wooden arrows be drawn into a "who the hell cares" type of bill? Am I just not smart enough to understand the way government works, or are these guys actually morons??

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