[Rhodes22-list] TINSTAAFL

[Brad Haslett]

Robert,

It would be easier to believe that we truly have a crisis if our
legislators would act like we truly have a crisis.  Here's a list of
"favors" that some are trying to tack on the Senate bill that is
currently being voted on as we speak -

New Tax earmarks in Bailout bill
- 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)

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)

Maybe the rum issue IS important, I'll let Rummy handle that one.

Brad

On Wed, Oct 1, 2008 at 7:37 PM, Robert Skinner <Robert at squirrelhaven.com> wrote:
> I must admit that I will not be satisfied with any
> solution that does not severely penalize those who
> sat on top of this pile of paper with their golden
> parachutes.  The very existence of the parachutes
> is evidence that they had no confidence that the
> market would survive their mismanagement.
>
> And I know that I have a lot of company in that
> sentiment.
>
> Those of us who believe in good pay for good work
> are bent beyond tolerance by the obvious disregard
> for merit in determining executive pay at the top.
> A double standard if I ever saw one, the antithesis
> of the classless society we flaunt to the rest of
> the world.
>
> I smell revolution - bloodless, I hope, but
> nevertheless with sharp teeth and a great hunger
> for revenge.
>
> As the French once said, heads will roll.  And
> the first will be those of the legislators who do
> not enact appropriate penalties and limitations
> during the process of rebuilding our financial
> structure.
>
> There should be no free ride for either the
> lenders who made ill-advised loans, or the fools
> who took the money and mis-spent it.
>
> /Robert
>
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