More corporate tax breaks

MANIFESTO

Leave it to the whores in the Senate to, Bush-like, use a bad situation in order to advance their own agendas.

The Senate proclaimed a fierce bipartisan resolve two weeks ago to help American homeowners in danger of foreclosure. But while a bill that senators approved last week would take modest steps toward that goal, it would also provide billions of dollars in tax breaks — for automakers, airlines, alternative energy producers and other struggling industries, as well as home builders. The tax provisions of the Foreclosure Prevention Act ... amount to government handouts to big business.

In other words, while saying they'll assist homeowners keep their houses, senators have decreased the amount of money available for that very purpose.

The whole thing is patently ridiculous as

Senator Christopher J. Dodd, Democrat of Connecticut and the main author of the Senate bill, said the measure did not live up to its name and that he wanted changes.

Wait a minute. Dodd writes the freaking legislation and sees that it's wanting? Did he write it in his sleep? And, of course, tired old Harry Reid was the sponsor of the bill.

Fortunately, it looks as if members of the House won't be taking this lying down because Democratic leaders have vowed to remove corporate tax breaks from their version.