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Nascar Bailout

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Old 11/30/08, 03:26 PM
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Nascar Bailout

Anyone else hear that Nascar got $1.27m from the Wall St bailout??
Old 11/30/08, 03:36 PM
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That would **** me off!
Old 11/30/08, 03:56 PM
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My friend told me that his wife has a detailed list of the recipents of the cash and Nascar is on the list. Most likely a politician who exchanged a yes vote for some political pork. I have to ask if she'll give me a copy..
Old 11/30/08, 04:29 PM
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oh that's bs, what a crock! rediculous pork barrel legislation
Old 11/30/08, 05:45 PM
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Actually it is the continuation of a program that lets race tracks depreciate equipment at a faster rate for two more years. They can depreciate equipment similar to how amusement parks do it...7 years rather than 15.

http://www.nascar.com/2008/news/head...tes/index.html
Old 12/3/08, 02:37 PM
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I'm fairly sure that NASCAR is still generating more cash than any other sport. I don't see how they could be in NEED of a bailout, but if they are they need policing just like the GOV MINT and everyone else.

Sheesh. Where does it end??
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