Phew!!!!
Those really nice people sitting in the United States Senate saved us last night. I mean all the dire warnings of the earth opening up and swalling us all if we didn't spend $700 billion. I don't know about you, but that was a close run thing.
Anyway, it would seem that a few other items slipped through as well as saving the world and i thought it might be useful to look at them.
Section 325 provides tax breaks for the wool research fund. Hmm... What exactly don't we know about wool? Makes nice clothes, hard to swallow.
Section 503 provides tax breaks for the manufacturers of wooden arrows for toys. This has a cost of around $6m. But wait - isn't this the kind of non pc toy we are trying to discourage our children from using? Maybe that's just me. Let's move on.
Puerto Rican and Virgin Island rum producers get $192 million. That's a good one as I don't know about you, but I know I'm going to need a lot more booze soon!
Section 309 provides for economic development in America. Well that one sounds good - until you understand that "America" is actually "American Samoa".
Joe Biden got more money for Amtrak. We all know how Joe loves to ride the train.
Section 502 with a $10 million price tag, provides "qualified television and film productions an extension of favorable expensing rules". Hollywood needs tax payer cash?
Now obviously I have not read the 435 pages. The problem is, I guarantee you that not a single Senator - voting for or against - read it either. Did no one even see one of these rediculous amendments and say "you are freakin joking right?" Not one of them??
I was born in the land of George III. The problem right now is we have 535 George IIIs in DC. I cannot imagine that the American people will allow this to continue much longer.
EVERY SINGLE SENATOR who cast a vote for this Bill last night, should be ashamed of themselves. Yes, even the "NO" votes because they didn't read it. VOTE AGAINST THE INCUMBANT on November 4.
ENOUGH AMERICA, ENOUGH!!
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(Copyright © 2008 By Simon L Conway All Rights Reserved.)
Please give me a call if you have questions about the Central Florida real estate market. You can reach me on 407 876 8200. Also visit my web site at www.simonconway.net or www.move2orlando.net
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