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Thursday 2 October 2008

Emergency Economic Stabilization Act of 2008

Q: How does a 7 page bill grow to a 451 page bill in 7 days?

A: Pork barrel.

 

http://banking.senate.gov/public/_files/latestversionAYO08C32_xml.pdf

 

I particularly liked Sec. 503. Exemption from excise tax for certain wooden arrows designed for

use by children. Presumably that is how they will regulate the short sellers.

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