HP3000-L Archives

October 2008, Week 1

HP3000-L@RAVEN.UTC.EDU

Options: Use Monospaced Font
Show Text Part by Default
Show All Mail Headers

Message: [<< First] [< Prev] [Next >] [Last >>]
Topic: [<< First] [< Prev] [Next >] [Last >>]
Author: [<< First] [< Prev] [Next >] [Last >>]

Print Reply
Subject:
From:
Chuck Ryan <[log in to unmask]>
Reply To:
Chuck Ryan <[log in to unmask]>
Date:
Mon, 6 Oct 2008 09:12:29 -0500
Content-Type:
text/plain
Parts/Attachments:
text/plain (26 lines)
While much of the news reports about the 'wooden arrows' have been quite
amusing, much of what people are complaining about were not earmarks
added to a $700,000,000,000 socialism kickoff bill.

Correct me if I am wrong, but:

The Senate is not allowed to initiate any type of revenue bill, all such
bills must start in the House, so the only way the Senate could pass
their own bill, as opposed to waiting for the House to pass one, was to
attach it to an existing revenue bill that had come from the House
previously. So the whole 'wooden arrow' tax change was actually a
correction, to something they messed up in an earlier bill, that was
part of an original revenue bill that the House had sent up to the
Senate. So the $700,000,000,000 is actually the earmark which should be
a record that lasts until at least next week.

With that said, I do not believe the $700,000,000,000 is going to do a
bit of good and we are all going to pay a much steeper price, for the
failed social engineering congress attempted via mortgage quotas, than
many expect.

Comments are my own, not my employer's... etc.

* To join/leave the list, search archives, change list settings, *
* etc., please visit http://raven.utc.edu/archives/hp3000-l.html *

ATOM RSS1 RSS2