When do I get my pork check?

/Just mail it to Calgary, please.

Boobies

/Bill contains Canadian Bacon?

There was a time in this fair land when the railroads were not porked.

Chops chops chops chops
for Bamma a ramma
let' have some hamma

We've always been at war with solvent fiscal policy.

Obvious tag on vacation?

Yeah, nothing like giving a tax break to someone building a plant in YOUR country and giving jobs to the locals instead of shipping finished goods down.

HenryFnord: There was a time in this fair land when the railroads were not porked.

Really? The railroad Gord was singing about there (the CP) was one of the biggest pork and kickback schemes in history to that time. As were all the American railroads.

Senator Dodd should be voted out of office for this pile of shiat. Same for Bush for not vetoing it, but he's on the way out anyway.

There are even more BS pieces to this bill:

The bill forces taxpayers to pay for a $300 billion bailout at the expense of innocent victims who truly need assistance and hard-working families who continue to pay their mortgage on time. And it includes language by House Democrats at the last minute to fund a giant $35 million slush fund for trial lawyers seeking to capitalize on the housing downturn.

Every Credit Card transaction, every online checkout system like eBay, PayPal, Amazon and Google Checkout are included. Everything and anything you buy or sell online or though any electronic means is now official government business.

And Dodd's best move....It was added by the bill's managers without debate and calls for a tracking and reporting system "on nearly every electronic transaction."

3_Butt_Cheeks: Every Credit Card transaction, every online checkout system like eBay, PayPal, Amazon and Google Checkout are included. Everything and anything you buy or sell online or though any electronic means is now official government business.

You must have missed this part: "The rule does not apply to merchants who make 200 or fewer online sales totaling $20,000 or less in one year."

And this part: "Payment processors will not report individual transactions to the IRS, so there will be no impact on consumers, Guthrie says."

And Dodd isn't going to go away anytime soon. He's far too popular up here in the Nutmeg State.

The bill also invades a bit more privacy...

"The measure states that 'an individual may not engage in the business of a loan originator (mortgage broker/loan officer) without first... obtaining a unique identifier.' To obtain this 'identifier,' an individual is required to 'furnish to the newly created Nationwide Mortgage Licensing System and Registry 'information concerning the applicant's identity, including fingerprints for submission' to the FBI and other government agencies."


Aarontology: You must have missed this part: "The rule does not apply to merchants who make 200 or fewer online sales totaling $20,000 or less in one year."

No, but those businesses that DO can expect 1/3 of their income to the IRS.

3_Butt_Cheeks: Aarontology: You must have missed this part: "The rule does not apply to merchants who make 200 or fewer online sales totaling $20,000 or less in one year."

No, but those businesses that DO can expect 1/3 of their income to the IRS.

It seems to me that if someone is making over $20,000 a year from online sales then it does quality as a business, not a hobby and should be treated as such. But perhaps it should be taxed as a small business, not as income. Really, whichever is lower.

Note that I am not agreeing or disagreeing with the changes, I just would like people to come out as best they can under these new rules.

HenryFnord: There was a time in this fair land when the railroads were not porked.

When was that?
//Jefferson Davis, when he was a Senator from Mississippi, pushed appropriations through which would subsidize the railroad industry to build trans continental railroads which went through the South. That was in 1858.

Every spending bill contains pork.

/it's time for another revolutionary war.

HenryFnord: There was a time in this fair land when the railroads were not porked.

And that time was . . . well . . . never, really. Railroads used to be among the most politically powerful entities in the country.

3_Butt_Cheeks: "The bill also invades a bit more privacy...

"The measure states that 'an individual may not engage in the business of a loan originator (mortgage broker/loan officer) without first... obtaining a unique identifier.' To obtain this 'identifier,' an individual is required to 'furnish to the newly created Nationwide Mortgage Licensing System and Registry 'information concerning the applicant's identity, including fingerprints for submission' to the FBI and other government agencies.""

I guess it's an invasion of privacy in the same sense that requiring stockbrokers to be on record with the SEC is an invasion of privacy. But it's an outstanding idea. It turns out that a lot of the really fraudulent loans were originated by a relatively small number of unscrupulous brokers who would close shop and pop up somewhere else when state regulators started to catch up with them. These were the guys who inflated incomes without telling borrower or lender, lied about interest rates and other terms and double-billed origination fees. For most Americans their house purchase will exceed all of their non-401-K stock transactions; it makes sense to track who is advising them on their mortgages.

Aarontology: It seems to me that if someone is making over $20,000 a year from online sales then it does quality as a business, not a hobby and should be treated as such.

Dude, you can reach $20,000 in sales (not profit) by selling just one used car on ebay or Craigslist. You sell your old RV or piece of farm equipment and you can easily have $60,000-$80,000 in sales for just one transaction easily.

So... when are we going to hear about that investigation into student loans they were doing?

/DIAF Sallie Mae