Presidential candidates bailing out the pork

Did you know the $700 billion bail out bill was really about $850 billion after all the pork was added? That is how they changed votes. They bribed each vote with pork. We are seeing today how good the bailout did, as of this writing the stock market is down about 10 percent since the great rescue bill was signed a few days ago. Guess what? Our champions of fiscal responsibility running for President signed the bill with $112 billion of pork added. In the last debate they were arguing about saving some of the $16 billion in earmark spending. However, they just signed a bill that contained $112 Billion in pork in one shot and our dumb president signed it without even reading it. Someone might think that they all need to take some Zanax or were being blackmailed. Who knows, those who hold our dollars like China and the oil rich states may have given them an ultimatum. Pass the bail-out bill or the dollar goes down the toilet. That’s about the only thing that explains the panic.

If McCain or Obama still have the gall to lie in our face about cutting pork everyone should turn off their TV’s or walk out of there rallies. Why enable liars? What good will it be to try to save me a pork chop in the future when you just proved to America that you will vote for a huge pork feast.

Believe me, the bail-outs are not over. The FDIC will now need $200 billion to bail out the failing banks, State governments will need bailing out, Unemployment insurance will need bailing out and many more taxpayer bailouts will come in the future. Tax revenues will also fall and taxes are likely to be cut to stimulate the economy. By the time we get through this crises (if we do) we could easily be $15 trillion in debt. Those nations who are bailing us out now with low interest rate loans are not likely to do so after this crises is past for the world. But we will still have $15 trillion of debt to service at a interest rate given to a nation that spends way beyond its means. Think about what that means to this nation in the future.

The bail-a-holics

The truth is most lawmakers voted to pass the bill but don’t have a clue what is in this 500-plus page legislation, which was birthed in the White House just two weeks ago as an infant of only three pages. It was then voted down at the Capitol a week later in its adolescent-sized 100 pages. And of course, in good bureaucratic fashion, it passed mature criteria when it was more than five times the size and packed with governmental goodies. And the president signed it just an hour after receiving it from Capitol Hill on Friday – I guess that speed reading course paid off.

In the fine print, inserted between the lines of that 500-plus page bill, are loads of fiscal additives and more financial toxic relief. Yes, the rumors are true. H.R. 1424 – Emergency Economic Stabilization Act of 2008, which has now been signed into law, officially includes more than $112 billion in political hors d’oeuvres and pork barrel additives that have absolutely no direct relation to the Wall Street bailout. Among them are:

* $6 million in tax breaks for wooden arrow manufacturers in Oregon;
* $148 million in tax breaks for wool-producing companies,
* $128 million in tax breaks for the manufacturers of car racing tracks;
* $10 million in tax breaks to small television and film producers;
* $223 million in tax breaks for Alaskan fisherman;
* $33 million for corporations operating in American Samoa;
* $192 million in tax breaks for rum producers in the Puerto Rico and the Virgin Islands.

What the &^%$#@?! And that’s just a drop in the bailout bucket. And We the Taxpayers are just supposed to sit back and take it in the arrears?

All is not lost, yet. We still have a voice in this bailout – it’s in the ballot box in November’s elections. The remedy for our country is clear: Congress doesn’t need another bailout, but a roundhouse kick right out the door. I plead with you to join me and millions of others in a voter revolution – to oust political and congressional corruption and stalemate. If representatives from your state and districts voted to pass this bailout bill and gamble nearly $1 trillion of our children’s and grandchildren’s taxpaying money, in addition to showing the reckless fiscal behavior of stuffing such a bill with perks and pork, you must not re-elect any such wayward incumbent.

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