On Mon, 6 Oct 2008 09:12:29 -0500, Chuck Ryan <[log in to unmask]> 
wrote:

>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.

Well, I think this was needed.  I don't like it, but with Wall Street steadily
declining, something had to be done.  I would have greatly preferred 
Congress to have done their job properly in the first place, but that is
wishful thinking.

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