Really? How many votes does Puerto Rico get? How many does American Samoa get?
************************************************************************ On Wednesday, November 5th, Vote for Barack Obama Right Wing Mike http://www.cafepress.com/rightwingmike --- On Thu, 10/2/08, Nicholas Geti <[EMAIL PROTECTED]> wrote: > From: Nicholas Geti <[EMAIL PROTECTED]> > Subject: [OT] Loads of pork in bail out bill > To: [email protected] > Date: Thursday, October 2, 2008, 11:11 AM > All Congress knows how to do is spend our money. Now the > bail out bill is being loaded down with pork. > > > Loads of Pork, Little Accountability in Senate Bailout > Bill: Will the House Balk? > Posted Oct 02, 2008 10:11am EDT by Aaron Task in Investing, > Recession, Banking > Related: ^DJI, ^GSPC, ^IXIC, FNM, FRE, XLF, SPY > By a healthy margin, the Senate passed the $700 billion > bailout package last night, setting the stage for a do-over > in the House, which is expected to vote on the bill Friday. > > The House rejected the original bill on Monday but the > revised bill contains a lot of "sweeteners" > designed to garner enough votes, including $100 billion in > tax relief, a widening of the FDIC insurance cap to $250,000 > and aid to rural schools. > > But the Senate bill is also laden with pork, including: > > a.. $223M for Alaskan fisherman > b.. $192M for rum producers in Puerto Rico and the Virgin > Islands > c.. $128M for auto racing > d.. $33M for companies operating in American Samoa > e.. $10M for film & TV production > f.. $6M for producers of wooden arrows > Those 'earmarks' may not be palatable to many House > members, especially those concerned about fiscal spending > and/or getting reelected. > > Notably, overseas markets were mixed in reaction to the > Senate passage and U.S. stocks got off to a very weak start > Thursday. At 10:15 a.m. EDT, the Dow was down about 200 > points, or 2%, while the S&P and Nasdaq were each down > about 2.3%. > > Whether the market is telling us the bill won't work or > won't pass the House is unclear -- although maybe the > answer is both. > > Meanwhile, Todd Harrison, CEO of Minyanville.com, says more > time should be given to what's not in the legislation. > His wish list includes: > > a.. More protection for savers and penalties for bad > actors > b.. Regulation of the credit derivatives markets > c.. Accountability and culpability for this mess, up and > down the food chain > > > --- StripMime Report -- processed MIME parts --- > multipart/alternative > text/plain (text body -- kept) > text/html > --- > > _______________________________________________ > Post Messages to: [email protected] > Subscription Maintenance: > http://leafe.com/mailman/listinfo/profox > OT-free version of this list: > http://leafe.com/mailman/listinfo/profoxtech > Searchable Archive: http://leafe.com/archives/search/profox > This message: > http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] > ** All postings, unless explicitly stated otherwise, are > the opinions of the author, and do not constitute legal or > medical advice. This statement is added to the messages for > those lawyers who are too stupid to see the obvious. _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
