Mark Terry

Monday, October 06, 2008

Well & Truly F#@*ed!

October 6, 2008
Your bailout language is here.

I haven't read it. I doubt your senators and HOR did either. It's 451 pages long. So in a matter of what, a week, we went from a law that was a page and a half, to one that was about 100 pages, to two days later one that was 451 pages long.

I've skimmed through it. There are tax breaks and language for NASCAR, for TV and movie production companies, Indian tribes, I even ran across language related to washers and dryers.

This damned thing, which I was basically for, in terms of the credit markets, looks like every spare piece of legislature on every senate staffer's desk was thrown in and sewn together by a blind seamstress on LSD.

Legislate in haste, repeal and amend in leisure.

Hope you have a fiscally fine day.

Mark Terry

6 Comments:

Blogger Stephen Parrish said...

It's a piece of shit. Jamaican rum? Wooden arrows? Not one foreclosure will be saved.

6:55 AM  
Blogger Spy Scribbler said...

You said it, Mark. Damn. It just pisses me off. And why is it okay to bailout big businesses and yet not okay to help those put out on the street?

I wish I understood more and could honestly back one plan, but I find problems with all of them. But this one, the most so.

I feel like going back to school and getting a degree in economics.

9:42 AM  
Blogger Spy Scribbler said...

Oh, Mark, this is the COOLEST! I had to share it with you! This looks like so much fun: Jeff Wahl.

6:12 PM  
Blogger Mark Terry said...

Very cool, Spy. Love it.

4:36 AM  
Blogger Kitty said...

Did you see SNL's take on the bailout? Hurry before NBC pulls this one, too.

...

6:11 AM  
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