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Thread: Senate passes $700 billion Failout

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  1. #1
    The Thread Reaper.. The Ninja's Avatar
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    In the mean time, national debt ticks past $10 trillion. Here let me break that down for you. (Source )

    $10,000,000,000,000


    So any of you who thinks you're not in debt, think again. Your portion is:
    $32,901.16


    Also: http://ap.google.com/article/ALeqM5h...U75MgD93I3IQ80

    So another list of F*ck yous.

  2. #2
    20valves of fury DeutscheBAG!'s Avatar
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    Quote Originally Posted by d-ninja
    In the mean time, national debt ticks past $10 trillion. Here let me break that down for you. (Source )

    $10,000,000,000,000

    Here are some more .... so fun

    The bill includes such earmarks as: $223 million for Alaskan fishermen, $192 million for rum producers in Puerto Rico and the Virgin Islands, $128 million for auto racing

    and more

    $2 million excise tax exemption on "certain wooden arrows designed for use by children."

    $49 million in tax breaks for people (in Alaska, mostly) receiving compensation from the litigation over the Exxon Valdez oil spill.

    $100 million in tax breaks for "certain motorsports racing track facilities."

    $179 million in tax incentives for "investment in the District of Columbia."

    $49 million for a charitable deduction for corporations who donate books to libraries.

    $33 million for an economic development credit in American Samoa.

    $61 million in added credits for "steel industry fuel" also known as liquefied coal waste sludge.

    $397 million for the "domestic production activities deduction" for film production

    $81 million to extend and modify treatment of "certain film and television productions."

    including $128 million for "auto racing tracks". There's no other explanation of where this money will go or why. Since NASCAR is profitable and doesn't need this type of government intervention, it doesn't seem logical for it to go there (not that logic matters in this situation).

  3. #3
    Release the Kracken! Total_Blender's Avatar
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    Quote Originally Posted by DeutscheBAG!

    including $128 million for "auto racing tracks". There's no other explanation of where this money will go or why. Since NASCAR is profitable and doesn't need this type of government intervention, it doesn't seem logical for it to go there (not that logic matters in this situation).
    Maybe the Gov't is bailing out NOPI? I bet they left a lot of tracks on the hook for a lot of cash after canceling all their events

    I really hope this doesn't pass.

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