Wednesday, October 01, 2008

Birth Pangs of the U.S.S.A


Senate passes $700B rescue

United Socialist States of America.

Robert Bidinotto covers it in depth: The new, "improved" bailout: God help us!

The original administration-backed "rescue package" bill was three pages.

The failed House version had ballooned to 110 pages.

Now, the Senate has expanded it to a 450+ page behemoth, laden with new pork -- including provisions completely unrelated to the "financial crisis," such as help for rural schools, disaster aid, and a provision "demanding that insurance companies provide coverage for mental health treatment—such as hospitalization—on parity with physical illnesses." This will include treatment for various "addictions" (drugs? alcohol? gambling? sex? the Internet? cell phones? conservative talk radio?).

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