Community | October 04, 2008 | 1 comment

Oh, $700 Billion Was Not Enough…

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unitedliberty
So, much to my chagrin the House of Representatives voted to pass the bailout bill yesterday, after it was made into a mashup of the proposed bailout, the Energy Improvement and Extension Act of 2008, and the Tax Extenders and Alternative Minimum Tax Relief Act of 2008. In addition to the EIEA to woo Democrats, and the TEAMTRA to woo Republicans, many specifically targeted pork projects were added to entice lawmakers to vote for it.

If all that pork was not enough to enrage you, CNET News is reporting that the bill grants permanent privacy invasion by the IRS to conduct undercover operations where they run businesses to ensnare individuals by posing as accountants to ask questions like “I am not 100% sure this deduction is legal, but it will save you a couple grand. Do you want to take it anyway?” Not only does this give the IRS the ability for entrapment, it also allows the IRS to give information from individual tax returns to whatever federal law enforcement agency requests it as part of their investigation of suspected terrorist activity.
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1 comment // Oh, $700 Billion Was Not Enough…

  • WhiteNoise
    • 0
      WhiteNoise  
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    • * RIP USA REPUBLIC *
      http://current.com/items/89362640_rip_usa_republic

      Betrayed by the Bailout: The Death of Democracy
      http://www.globalresearch.ca/index.php?context=va&aid=10433

      Meanwhile back at the ranch...

      PENTAGON SCORES A BIGGER RIP-OFF THAN BAILOUT
      http://current.com/items/89342370_pentagon_scores_a_bigger_rip_off_than_bailout

      "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and he carries his banners openly. But the traitor moves among those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not traitor, he speaks in the accents familiar to his victims, and he wears their face and their garments, and he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of a city, he infects the body politic so that it can no longer resist. A murderer is less to be feared." - Cicero, 42 B.C.

    • 3 years ago
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