calculatedrisk.blogspot.com - 10/1/2008
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For those with infinite patience, here is the live feed from C-SPAN2. The vote will probably be early this evening.
UPDATE: Here is the full text of the bill. The Senate added the bailout to another bill and there are some weird provisions. This is my favorite (I wish each provision had the ...
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Wall Street bailout turns into wall of test but it’s still the same old vinegar in a bigger bottle
Firedoglake —
... On a more serious note, they are definitely throwing in the kitchen sink in an attempt to get this to pass. "You say you need a kitchen sink in order to vote for this? Fine, here it is!" For example, renewable energy credit extension has been added to the bill. Sure, I support the credits, but say what? No bankruptcy protection, but renewable credits? Calculated Risk's favorite is an excise tax exemption for wooden arrows for children. Er, ummm, wtf? ...
SEC. 503. EXEMPTION FROM EXCISE TAX FOR CERTAIN WOODEN ARROWS DESIGNED FOR USE BY CHILDREN.
Corrente —
Yep, that’s your “emergency” right there in section 503 of Hank Paulson’s trillion dollar giveaway.
Jeebus. Couldn’t they at least have exempted something with a real public benefit? My suggestion:
Related: bailout bill text
Dodd Proposes Alternative Bailout Bill
newshoggers.com 9/23/2008 — By Cernig
Here's the full text of Chris Dodd's alternative bailout bill . This is far more like it : Banking Committee Chairman Christopher Dodd is taking much more aggressive approach to the Treasury bailout plan, demanding foreclosure ...
Bailout Bill: Full Text Of Plan
huffingtonpost.com 9/28/2008 — Read below for the full text of the compromise bailout legislation agreed to on Sunday afternoon.
Click on "full screen" to see a larger version. For complete coverage of the financial crisis, check out HuffPost's Wall Street Crisis BigNews page . ...
Senate bailout bill hits the Internet
hotair.com 10/1/2008 — The Senate will begin debate within minutes on their attempt to revive the bailout bill rejected by the House. They have released the bill text this morning, and the Senate Conservatives Fund website has it for public perusal. The new version has ...
House Bailout Vote Encore —
The Huffington Post | Full News Feed
Round two, coming up.
A bailout bill that was defeated in the House on Monday gets a second chance tomorrow, this time with the added support of tax breaks, additional FDIC insurance and the passage of the bailout bill in the Senate .
HOUSE BAILOUT BILL -- H.R. 1424 FULL TEXT (PDF)
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Text of the New Bailout Bill —
Hyscience
And while you're looking it over , don't forget to go over all the pork that goes with it ( wool research and race tracks too? ).
Please, pray tell, do we really really really need this damned thing? I don't know about you readers, but I've had my fill of this socialist takeover of what use ...
The Text of the New Bailout Bill Has Posted —
Tammy Bruce
And it is now 451-pages long. The path for ACORN money, Dodd's "Housing Trust Fund" is still absent, but there is lots of other pork. Courtesy of Ed Morrissey, here are a few examples of how seriously congress is taking this "crisis":
New Tax earmarks in Bailout bill
- Film and ...
No Bailout Plan —
Angry Bear
Via The Nation : A number of house progressives who voted against yesterday's bailout bill, including Pete DeFazio, Donna Edwards and Marcy Kaptur, have just held a press conference unveiling their own proposal. Text below. Commentary to follow: DRAFT No BAILOUTS Act Bringing Accounting, ...
Bailout By Any Means Necessary —
Wonk Room
According to the text of the draft bailout bill , the “troubled assets” that the Secretary of the Treasury is given $700 billion to purchase are not only mortgage-backed securities, but “any securities, obligations, or other instruments that are based on or related to such ...
Staff Summary of Bailout Bill —
Discourse.net
I previously posted a link to a (locally hosted) copy of the Bailout Bill, aka the Emergency Economic Stabilization Act . For those who can't wade through the 100+ pages on very short notice, here's the text of a brief staff summary, as provided by the Senate Majority Leader's office.
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Bailout Vote Predictions —
Patterico's Pontifications
[Guest post by DRJ]
Nancy Pelosi says the bailout bill is “frozen” in its current form so that’s what Congress will be voting on. A summary, section-by-section analysis, and the text of the bill known as the “Economic Stabilization Act of 2008″ can be found here ...
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