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Overunity Machines Forum



This economic meltdown is no accident folks

Started by Cap-Z-ro, September 20, 2008, 10:36:14 AM

Previous topic - Next topic

0 Members and 7 Guests are viewing this topic.

ResinRat2

Might as well get your money back into the market everyone, it's going to be great...for a while that is.

We get to party up and spend the new dollars they just created.

I can hear it now... "Stock market up... Economy robust... credit up... etc, etc...

Thanks to the crooks members of Congress.

Until the next wall we hit; and the National Debt continues to skyrocket. Whoooo Hooo.
Research is the only place in a company where you can continually have failures and still keep your job.

I knew immediately that was where I belonged.

Cap-Z-ro




"The origonal plan from the treasury sec. was 3 pages, now its over 400 pages? what pe"t projects do you think were added?


This may be a clue...PORK for the yes supporters.


Yup...more bribes...likely sprinkled with threats no doubt.

After all...this is the playoffs!!!

Regards...





Cap-Z-ro


vonwolf

 Yow I might of been alittle behind, the Senate's version was 400 pages. God only know what the house added? I cant even emagin spewwing out that much crap that fast but I guess they get paid per letter

PYRODIN123321

Hey, just for kicks how bout we put some carbon tax stuff in this nifty bill, oh, it's already in there cool......

If you look at page 180 of the 451-page monster bailout bill that easily passed the Senate yesterday (PDF here)http://banking.senate.gov/public/_files/latestversionAYO08C32_xml.pdf, you will see that it includes at Section 116 language about the tax treatment of "industrial source carbon dioxide." It also provides, at Section 117, for a "carbon audit of the tax code."

SEC. 116. CERTAIN INCOME AND GAINS RELATING TO IN2
DUSTRIAL SOURCE CARBON DIOXIDE TREAT3
ED AS QUALIFYING INCOME FOR PUBLICLY
4 TRADED PARTNERSHIPS.
5 (a) IN GENERAL.ââ,¬â€Subparagraph (E) of section
6 7704(d)(1) (defining qualifying income) is amended by in7
serting ââ,¬ËœÃ¢â,¬Ëœor industrial source carbon dioxideââ,¬â,,¢Ã¢â,¬â,,¢ after ââ,¬ËœÃ¢â,¬Ëœtim8
ber)ââ,¬â,,¢Ã¢â,¬â,,¢.
9 (b) EFFECTIVE DATE.ââ,¬â€The amendment made by
10 this section shall take effect on the date of the enactment
11 of this Act, in taxable years ending after such date.
12 SEC. 117. CARBON AUDIT OF THE TAX CODE.
13 (a) STUDY.ââ,¬â€The Secretary of the Treasury shall
14 enter into an agreement with the National Academy of
15 Sciences to undertake a comprehensive review of the Inter16
nal Revenue Code of 1986 to identify the types of and
17 specific tax provisions that have the largest effects on car18
bon and other greenhouse gas emissions and to estimate
19 the magnitude of those effects.
Peace.