http://bearingdrift.com/2008/09/30/tax-cuts-added-to-bailout/ Fri, 25 May 2012 14:53:07 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://bearingdrift.com/2008/09/30/tax-cuts-added-to-bailout/#comment-7657 Jeremy Hinton Thu, 02 Oct 2008 13:47:11 +0000 http://bearingdrift.com/?p=2198#comment-7657 Even before the sweeteners it was pretty much presumed to sail through the Senate. All the extra crap was for today's House vote. And rumors are it that it is having an effect, and some of the Repubs opposed are now open to flipping. However, there apparently now is a simmering revolt among the blue-dog Dems over the extra deficit incurred from the $100 billion plus tax cuts. So all the junk put int to court the Repubs may now cost Dem votes - gotta love it. Even before the sweeteners it was pretty much presumed to sail through the Senate. All the extra crap was for today’s House vote. And rumors are it that it is having an effect, and some of the Repubs opposed are now open to flipping. However, there apparently now is a simmering revolt among the blue-dog Dems over the extra deficit incurred from the $100 billion plus tax cuts. So all the junk put int to court the Repubs may now cost Dem votes – gotta love it.

]]> http://bearingdrift.com/2008/09/30/tax-cuts-added-to-bailout/#comment-7655 Stephen Gunter Thu, 02 Oct 2008 12:51:11 +0000 http://bearingdrift.com/?p=2198#comment-7655 You still so confident in our leaders, Jeremy? That was a pretty wide margin of yes votes... You still so confident in our leaders, Jeremy? That was a pretty wide margin of yes votes…

]]> http://bearingdrift.com/2008/09/30/tax-cuts-added-to-bailout/#comment-7638 Jeremy Hinton Wed, 01 Oct 2008 16:24:38 +0000 http://bearingdrift.com/?p=2198#comment-7638 I can't imagine this will have much of an effect. If the whole argument of those in the House opposed the bailout is that the basic concept of the bill is flawed, how does a little icing on the cake change that? To be swayed by this when making that argument would be beyond hypocritical. I can’t imagine this will have much of an effect. If the whole argument of those in the House opposed the bailout is that the basic concept of the bill is flawed, how does a little icing on the cake change that? To be swayed by this when making that argument would be beyond hypocritical.

]]> http://bearingdrift.com/2008/09/30/tax-cuts-added-to-bailout/#comment-7597 Just wondering Wed, 01 Oct 2008 04:39:57 +0000 http://bearingdrift.com/?p=2198#comment-7597 Wasn't it said that this bill should not be laden with riders? What-- we break our principles only when it comes with bribes? Tax breaks on a bailout bill??? What did we have to add to get the democrats on board--or they just wanting the Republicans to buy on the bill so they can say they only did what the Republicans did? When we will stand and commit to our principles instead of being bought off. Change the mark to market rule and we will add over $1.7 Trillion back to the balance sheets of banks (more than the bailout in the first place). But the bribe has been written into the bill and sadly the weak and /or corrupt will bite and we all will be sold this terrible bill of goods. Wasn’t it said that this bill should not be laden with riders? What– we break our principles only when it comes with bribes? Tax breaks on a bailout bill??? What did we have to add to get the democrats on board–or they just wanting the Republicans to buy on the bill so they can say they only did what the Republicans did? When we will stand and commit to our principles instead of being bought off. Change the mark to market rule and we will add over $1.7 Trillion back to the balance sheets of banks (more than the bailout in the first place). But the bribe has been written into the bill and sadly the weak and /or corrupt will bite and we all will be sold this terrible bill of goods.

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