The bailout is a disaster, or will be in short order because of all the pork barrel spending heaped onto it in order to get the needed votes to pass in congress.

• Extended rebate on excise taxes paid by Puerto Rican and Virgin Island rum producers, also applied retroactively. Cost – $192 Billion
• Income averaging for plaintiffs of Exxon Valdez settlement. While this may seem like a good cause, why not also offer this income averaging to American’s who have to raid their retirement accounts to make ends meet? Cost – $49 Million
• State and Local Sales Tax Deduction extension. Cost – $3.3 Billion
• Seven year cost recovery for motorsports track facility. Cost – $100 Million

This is just stupid, this bill should not have any pork spending and should purely be designed to rescue the financial sector and restore credit liquidity in the marketplace.

[tags]economy, economic bailout, shaun carter, congress, house, senate, vote, pork barrel, government spending[/tags]