Friday, October 3, 2008

The Nature of Legislation

Blog posts are writing themselves these days. Stress relief.
Treasury Secretary Henry Paulson proposed the rescue package last week as an emergency effort to get billions of dollars worth of bad housing-related investments off the books of financial firms. Since then, the plan has swelled from a three-page document to a 451-page piece of legislation loaded with $150-billion worth of extras. They include:

Dropping a 39-cent excise tax on wooden arrows made for children, a cause of politicians in Oregon to help manufacturers in their state[.]

Full article here.

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