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Senate Passes Emergency Economic Stabilization Bill…A Really Sweet, Sweet Bill


Economics, The Economy

10.02.08 | Comment?

Come on.

Just when you thought Congress was going to get together and do the right thing, they pass the Emergency Economic Stabilization bill loaded with sweeteners, which is a nice way of saying, “pork.”

Some of our favorite provisions:

SECTION 503: Exemption from excise tax for certain wooden arrows designed for
use by children.

And then there is:

SECTION 325: Extension and modification of duty suspension on wool products; wool research fund; wool duty refunds.

At least this bill holds Wall Street accountable for their…ah fuck it.

Read the bill in full here.

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