Thursday, October 02, 2008

Who are we bailing out?

This infuriates me. The Senate Conservatives Fund reports who is getting bailout money:

Here are some of the special-interest provisions that are now part of the Wall Street bailout legislation. The bill started at 3 pages, grew to 106 pages, and is now 451 pages.
  • 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)

  • 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)

Furthermore this post to Econbrowser explains how money to Detroit is included in the continuing resolution (which allows the Federal Government to continue to operate without a budget being passed). I really hate the way they do things in Washington!


Rebeccah Mildenstein said...

Danielle, CUTE BLOG!! Thanks for visiting ours! As for this subject I am sure glad wool is getting some of my hard earned tax dollars for research. Not to mention the rum lol! Man!! Rebeccah

Kathleen Vorwick said...

very educational, thanks.

I am so very glad that we, the taxpayer, are bailing out these large corporations, banks, etc. and all these worthwhile industries. It's a great thing to reward greed, avarice and incompetence.

Guess we won't have to worry about necessities and things like money for fundamental human rights, such as health care and education.

Kathy Vorwick
[one of the eastern elite]