Friday, October 03, 2008

One-Fifty

© 3 October 2008, the Griot Poet

What was socialism on Monday became capitalism on Friday.

What we needed was some pork barrel spending to sweeten the stinking pot of gruel:

- A provision repealing a 39-cent excise tax on wooden arrows designed for children.

- subsidize renovations of restaurant franchises

- cut import duties on wool and wood

- Virgin Island and Puerto Rican Rum (Section 308)

- American Samoa (Sec. 309)

- Mine Rescue Teams (Sec. 310)

- Mine Safety Equipment (Sec. 311)

- Domestic Production Activities in Puerto Rico (Sec. 312)

- Indian Tribes (Sec. 314, 315)

- Railroads (Sec. 316)

- Auto Racing Tracks that will save Nascar track builders $109 million this year(317)

- District of Columbia (Sec. 322)

- Wool Research (Sec. 325)

- A research tax credit worth about $8.3 billion PER year for:
- Microsoft Corporation
- Harley-Davidson Inc.
- and subsidies for the overseas financial services earnings of U.S.-based multinational corporations such as General Electric Co. and Citigroup Inc.

also known as: the same old offshore SHELL game!


Do they take us for fools?


Hank Paulson originated this while chairman in thief of Goldman Sacks.
And, he's ransacked
the futures of our great-grandchildren knowing full well this will only delay the inevitable:

recession.

"Dick" is currently at an undisclosed location adding up how he's set up

the economy to fund his retirement.

Check Bush and Cheney's exchequer after "Butch Cassidy and the Sundance Kid" ride off into the sunset.

What was socialism on Monday became capitalism on Friday
with bipartisan support from both parties
as they flipped-the-script
and made this
150 BILLION dollars
MORE of our tax dollars spent!

And yet: I can't forget the prophetic utterance one of the Founding Father's advised:

"The alternate domination of one faction over another, sharpened by the spirit of revenge, natural to party dissension, which in different ages and countries has perpetrated the most horrid enormities, is itself a frightful despotism. But this leads at length to a more formal and permanent despotism. The disorders and miseries which result gradually incline the minds of men to seek security and repose in the absolute power of an individual; and sooner or later the chief of some prevailing faction, more able or more fortunate than his competitors, turns this disposition to the purposes of his own elevation, on the ruins of public liberty."

President George Washington, 1796 farewell speech

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