Lately I am sure the economy has been on all of our minds, especially this bailout bill. I had lunch with some of my buddies from the BYU MBA program last week here in Phoenix and we talked about the bill. They are all finance majors and now all work for Merrill Lynch and American Express and Chase and what not, so they had some strong opinions. They said that the bailout was all that was left and unfortunately we had to do it. Well, I bought what they told me and waited for it to pass this week.
As we all saw it was a shock that on Monday it did not pass, so the politicians got together and fixed the bill so that it would be more beneficial and pass today. But wait, who does it really benefit? Have you seen what they snuck into this bill!?
http://www.swamppolitics.com/news/politics/blog/2008/10/bailout_of_rum_arrows_race_car.html
http://consumerist.com/5058690/bailout-bill-includes-wooden-arrow-tax-break
http://www.wisebread.com/how-a-700-billion-bailout-became-a-800-billion-rescue-plan
Arrows? Rum? What are we doing trying to help out the pirate population? Are they the key to the rebound of the economy? Pirates, do not fear, the US Government has your back! You will be back ram sacking before you know it!
Pretty much what I see is that the people who voted no on Monday are now holding the rest of the politicians hostage to add in junky little things like this that will benefit themselves so they will vote yes and hope nobody notices. Who voted no last time but voted yes this time? Are they the ones that are benefiting from these junky little provisions? Is this just a bill to help politicians get theirs? Was it the plan of these politicians to vote no on Monday so they could demand these changes that would pad their pockets and then vote yes today?
I am sure that the bill over all will do well, my friends had me convinced of that, but I would like to know the politicians who changed their mind and why. I know we all love Captain Jack Sparrow and his shenanigans but what is really behind all these pro-pirate measures that got added to the bill? I just find it weird that the bill got shot down on Monday and then all of a sudden it passes today with all these little things thrown in. There has to be a reason, I just hope it is the right reason.
This all being said though I have confidence in our government. There are always a few bad eggs around, but overall I am thankful for this country and the way it is run. Believe me, I have lived in other countries and it could be much, much worse. I guess having lived somwhere else in another country has really given me a view of how things can be, and believe me, we are lucky to be here.
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