We're bailing out WHAT?

[unixronin]

From danjite:

The latest version of the "Bailout Bill" creates tax credits or benefits for:

- Film and Television Productions (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)

- Virgin Island and Puerto Rican Rum (Section 308)

- Auto Racing Tracks (317)

- Wool Research (Sec. 325)

I ain't saying nothing.

WHISKEY TANGO FOXTROT, OVER

This "bailout" gets more surreal by the day.  Did someone put LSD in the Congressional coffee pot?

Comments

[unixronin.livejournal.com]

You have a definite point.

On the other hand, it protects the small investors er ... depositors from bank failures. (Temporary brainfart there.) On balance, I think it's a win.

[attutle.livejournal.com]

Oh, I'm all for insured accounts, it's just that I don't think banks should be treated the same regardless of the risks they take.

[unixronin.livejournal.com]

And you won't catch me arguing with that. Protect the depositors, sure. The bankers who created the problem? Let'em sink as they deserve.