The live Bailout vote thread [Archive]

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baseline bum

10-01-2008, 07:32 PM

CNN says the Senate will likely begin voting in 15 minutes or so... around 7:45 central.

jman3000

10-01-2008, 07:40 PM

this will be a vbookie... please hold.

baseline bum

10-01-2008, 07:42 PM

Clinton: yay
Cornyn: yay
Hutchison: yay
McCain: yay
Obama: yay

... from CSPAN2's live coverage

jman3000

10-01-2008, 07:42 PM

obviously it's a lot easier trying to find 100 people to agree about something than it is with over 400... so i'd imagine this thing passes 65-35 give or take 2 votes.

Aggie Hoopsfan

10-01-2008, 07:45 PM

Cornyn: yay
Hutchison: yay

Never getting my vote again. Either one of them. Even if she's running for governor.

:td

Aggie Hoopsfan

10-01-2008, 07:45 PM

obviously it's a lot easier trying to find 100 people to agree about something than it is with over 400... so i'd imagine this thing passes 65-35 give or take 2 votes.

More like it's a lot easier when you buy off everyone's votes with pork.

baseline bum

10-01-2008, 07:47 PM

Don't panic yet... this was the vote on a US-India nuclear agreement. Thankfully the voting has yet to start on the bailout. My mistake.

baseline bum

10-01-2008, 07:50 PM

Bernie Sanders (independent - Vermont) is railing for the bailout right now.

Wild Cobra

10-01-2008, 07:50 PM

I've been tuned into C-Span-2 for about the last hour waiting for it. McCain voted no and Obama voted yes for some Amtrack legislation a bit ago.

I'm not sure, but it looks like the debate just started on the Bailout.

baseline bum

10-01-2008, 07:51 PM

Aggie Hoopsfan

10-01-2008, 08:00 PM

Dear Harry Reid, go fuck yourself.

Aggie Hoopsfan

10-01-2008, 08:00 PM

Someone tell the dumbass complaining about their home value out in Vegas that they live in a fucking desert - what did they expect?

baseline bum

10-01-2008, 08:02 PM

Someone tell the dumbass complaining about their home value out in Vegas that they live in a fucking desert - what did they expect?

:lol

Vegas may be the best city in America to visit, but I sure as hell wouldn't live there.

Aggie Hoopsfan

10-01-2008, 08:02 PM

:lmao

Apparently Harry Reid thinks if we pass this bill America will magically become the land of prosperity again. Well, I'm sold...

Wild Cobra

10-01-2008, 08:03 PM

Yeah, they just finished the India-US vote 2-3 minutes ago.
That's right, an amendment was voted on regarding if the test a nuke.

baseline bum

10-01-2008, 08:05 PM

:lmao

Apparently Harry Reid thinks if we pass this bill America will magically become the land of prosperity again. Well, I'm sold...

What do you expect him to say? We're passing this bipartisan bill because Wall Street has been in our pockets for years?

ElNono

10-01-2008, 08:05 PM

What's the over/under of McCain mentioning Obama in his speech (if he has one) and also the over/under of Obama mentioning Bush in his speech (if he has one)?

Aggie Hoopsfan

10-01-2008, 08:06 PM

Oh hell no. Reid: "This is a fine piece of legislation."

Someone get a rope.

baseline bum

10-01-2008, 08:07 PM

LOL... now the obligatory mention of what the bill is technically about... mental health care.

Aggie Hoopsfan

10-01-2008, 08:08 PM

Side note: I think this has to be the first CSPAN blog on Spurstalk in history :lol

ElNono

10-01-2008, 08:08 PM

Oh hell no. Reid: "This is a fine piece of legislation."

Someone get a rope.

You know they're full of it, both Dems and Reps, and they're going to pass it. I hope the House didn't spoil you, because these guys will bend over for Wall Street any day of the week and twice on Sunday.

Aggie Hoopsfan

10-01-2008, 08:08 PM

Biden does not vote? :rolleyes

baseline bum

10-01-2008, 08:08 PM

Biden's not there.

Aggie Hoopsfan

10-01-2008, 08:09 PM

Obama: "Present."

Just wanted to get that out of the way.

Aggie Hoopsfan

10-01-2008, 08:10 PM

Cornyn: aye :td

Time to go figure out who's running against him.

Aggie Hoopsfan

10-01-2008, 08:10 PM

Biden's not there.

So like I said, no vote... convenient.

baseline bum

10-01-2008, 08:12 PM

Clinton: yes
Cornyn: yes
Feinstein: yes
Hatch: yes
Hutchison: yes
Kerry: yes
Lieberman: yes
McCain: yes
Obama: yes

Wild Cobra

10-01-2008, 08:12 PM

McCain: Yes
Obama: Yes

Fuckers

Aggie Hoopsfan

10-01-2008, 08:13 PM

McCain: Yes
Obama: Yes

Fuckers

/thread

baseline bum

10-01-2008, 08:14 PM

Biden: yes how the hell does he vote without being there?

baseline bum

10-01-2008, 08:15 PM

Fuck our senate

Wild Cobra

10-01-2008, 08:15 PM

Smith: Yes
Wyden: No

Wow... I have a newfound respspect for my liberal senator, Ron Wyden!

This was the bailout, right? or was it an amendment? I wasn't paying attention.

Aggie Hoopsfan

10-01-2008, 08:15 PM

Biden: yes how the hell does he vote without being there?

He wasn't there at the beginning but they just recognized him, he voted yes.

baseline bum

10-01-2008, 08:15 PM

Passes overwhelmingly

Aggie Hoopsfan

10-01-2008, 08:16 PM

Smith: Yes
Wyden: No

Wow... I have a newfound respspect for my liberal senator, Ron Wyden!

This was the bailout, right? or was it an amendment? I wasn't paying attention.

This was the vote for our unholy, unAmerican, financially socialist, pork laden bill.

JoeChalupa

10-01-2008, 08:16 PM

C-SPAN rocks,

baseline bum

10-01-2008, 08:18 PM

The British had it right when they burnt down the Capitol.

baseline bum

10-01-2008, 08:19 PM

74-25 for it.

Aggie Hoopsfan

10-01-2008, 08:21 PM

74-25 for it.

25 decent people in that legislative body. The rest can go fuck themselves.

Wild Cobra

10-01-2008, 08:23 PM

C-SPAN rocks,
Haven't you seen it before?

C-Span is for the House of Representatives. C-Span 2 is for the senate. There's also a C-Span 3. I noticed C-Span carried the same thing as C-Span 2 for this vote. Normally, the programming is different, and they each have replays or other programs when not in session.

74-25 for it.
Yep. Damn fools.

Crookshanks

10-01-2008, 08:23 PM

I sent an email to Hutchison and Cornyn telling them to stand up for America and the people of Texas and vote no. Guess their constituents have no voice!

But now I'm going to send another one telling them what sorry suckers they are!

baseline bum

10-01-2008, 08:23 PM

I hope the House shoots this motherfucker down again.

baseline bum

10-01-2008, 08:26 PM

Fuck. I hope this doesn't end up like the worthless airline bailout that did nothing to save the jobs it was sold to the public as protection for.

Wild Cobra

10-01-2008, 08:27 PM

I hope the House shoots this motherfucker down again.

So do I.

Watch the future. My senator Gordon Smith (R) in a blue state will lose this November now. I'm sure this hurts him enough with conservatives that he will be replaced by the more liberal democrat running against him!

Crookshanks

10-01-2008, 08:34 PM

So do I.

Watch the future. My senator Gordon Smith (R) in a blue state will lose this November now. I'm sure this hurts him enough with conservatives that he will be replaced by the more liberal democrat running against him!

EVERY Senator who voted for this needs to be tossed out! And that's tough for me to say considering I really like Cornyn and Hutchison. But actually, if every Senator who voted yes gets tossed out - the Republicans would probably come out better!

Our only hope now is that the House stands strong and votes this piece of crap down.

spurster

10-01-2008, 08:43 PM

So none of you are going to vote for McCain or Obama? They voted for it, too.

Crookshanks

10-01-2008, 08:48 PM

So none of you are going to vote for McCain or Obama? They voted for it, too.

Yeah that really sucks! How can McCain still claim he isn't for earmarks when he just voted for this piece of crap? I'm very disappointed in him - now was the time to stand up and be a Maverick and say he wasn't going to vote for something that #1) had a ton of earmarks, and #2) wasn't what the people wanted.

Well, since Sarah Palin isn't a Senator, she's the ONLY one who didn't vote for this - so I'll still vote McCain/Palin. Man, what a disappointing day. :depressed

Aggie Hoopsfan

10-01-2008, 08:50 PM

So none of you are going to vote for McCain or Obama? They voted for it, too.

Libertarian. He won't win, but it's time to send a message.

Aggie Hoopsfan

10-01-2008, 08:51 PM

cool hand

10-01-2008, 08:56 PM

Cornyn: aye :td

Time to go figure out who's running against him.

I am glad someone caught that. this bum is out. I bet the lobbyists(banks)promised all these fuckers $$$$$$$$$$$$$$$$$ to vote for this thing whether or not they get re-elected. but I am with you this loser is gone.

Crookshanks

10-01-2008, 09:00 PM

Chris Dodd just reasoned that this is what the founding fathers would have wanted them to do.

No it isn't you idiot, they would have revolted against you and all your corrupt ass buddies in D.C. long ago. Go fuck yourself.
Damn - we need another Boston Tea Party. Only instead of tossing crates of tea, we should toss all these bozos into Boston Harbor - or the Potomac since it's closer to Capital Hill! :bang

cool hand

10-01-2008, 09:01 PM

Cornyn: aye :td

Time to go figure out who's running against him.

Rick Noriega

what is sad is that Cornyn himself said he was getting emails 100-1 against. The race was a statistical tie, until tommorrow. How fast do think it will take Rick to put up a commerical about this shit?

baseline bum

10-01-2008, 09:06 PM

http://www.burntorangereport.com/upload/2905391135_a3bd197711_o.jpg

whottt

10-01-2008, 09:33 PM

McCain sucks ass for voting for this after saying he'd veto any pork and make em famous. Stupid move especially since he could have voted against it and it would have still passed...that's going to be used against him now. What an idiot.

And no I'm not voting for Obama because of it. The enthusiastic socialist is still much worse than the reluctant one.

whottt

10-01-2008, 09:37 PM

Bernie Sanders (independent - Vermont) is railing for the bailout right now.

This guy is a socialist, that is his admitted political affiliation. The first one ever elected to the Senate in American History. I bet he's supportive of it.

http://upload.wikimedia.org/wikipedia/commons/thumb/d/de/Bernie_Sanders.jpg/185px-Bernie_Sanders.jpg

http://en.wikipedia.org/wiki/Bernie_Sanders

Bernard "Bernie" Sanders (born September 8, 1941) is the current junior United States Senator from Vermont. Sanders was elected on November 7, 2006, and is currently a member of the 110th United States Congress. Before becoming Senator, Sanders represented Vermont's at-large district in the United States House of Representatives for 16 years.

Sanders is a self-described democratic socialist, but because he does not belong to a formal political party he appears as an independent on the ballot.

Anti.Hero

10-01-2008, 09:38 PM

But not the last.

McCain is a fucking idiot. This asshole is trying to throw the election. I'm convinced. :lmao

Anti.Hero

10-01-2008, 09:41 PM

Anyone know McCain's instrument of choice?

http://photoshopcontest.com/images/fullsize/rrljhr30kdez321hyqsz83bth9g1eykjfn6n.jpg

baseline bum

10-01-2008, 09:47 PM

This guy is a socialist, that is his admitted political affiliation. The first one ever elected to the Senate in American History. I bet he's supportive of it.

http://upload.wikimedia.org/wikipedia/commons/thumb/d/de/Bernie_Sanders.jpg/185px-Bernie_Sanders.jpg

http://en.wikipedia.org/wiki/Bernie_Sanders

Bernard "Bernie" Sanders (born September 8, 1941) is the current junior United States Senator from Vermont. Sanders was elected on November 7, 2006, and is currently a member of the 110th United States Congress. Before becoming Senator, Sanders represented Vermont's at-large district in the United States House of Representatives for 16 years.

Sanders is a self-described democratic socialist, but because he does not belong to a formal political party he appears as an independent on the ballot.

One minute he's against it, the next for it. Then he voted against it.

ElNono

10-01-2008, 09:57 PM

Purple & Gold

10-01-2008, 11:28 PM

MannyIsGod

10-02-2008, 12:08 AM

I think Krugman put it well...

Here’s the thing: it’s very hard for Congress to originate complex financial rescues, so it’s normally up to the executive to put things together. Unfortunately, Paulson came up with an awful plan. Ideally, the Dems would have ripped the thing up and started over, but that was never realistic. So instead they made it significantly better, but still building on the original, misconceived structure; it became better than nothing, but not good.
And then it failed in the House, so the Senate has larded it up, with stuff like SEC. 503. EXEMPTION FROM EXCISE TAX FOR CERTAIN WOODEN ARROWS DESIGNED FOR USE BY CHILDREN.
I think that Congressional leaders know that it’s a bad bill, but feel compelled to defend it, because they’re (rightly) scared of the financial consequences of a second rejection. And to some extent economists like myself are in the same position; I think I called it the “hold your nose caucus.”
So am I for the bill? Yuk, phooey, I guess so. And I’m very angry at Paulson for putting us in this position.I think it has a chance to fail the house, but its really small. The "audible" reaction that congress was hearing before this was that the general public hated the bill. After the 777 drop the other day, the general public does NOT oppose the bill in the same manner. I still think its hard to tell exactly what the public feels, but I think after the Dow drop more people are scared of what might happen and are thus in favor of voting for this bill.

That being said, if the House members voted against this figuring that this sway in public opinion would happen then I'm pretty damn impressed since that was a genius political move. I'm not sure that's the case, but if that was discussed behind closed doors then some people are on the (political - not necessarily economic) ball.

whottt

10-02-2008, 12:13 AM

It's ridiculous that people are saying the wealthy aren't going to eat it on a collapse...I can't believe anyone believes that shit. You notice it's mainly the wealthy saying we need to do it for the people?

All these people thinking they've saved their IRA's major loss are in for a rude awakening when they market finally does collapse....and they get a total loss.

I suggest all you guys that were in favor of this to save your 401k or IRA's see what you can do to better protect your assets. It's easy to do with a 401K...

lurker23

10-02-2008, 01:13 AM

One minute he's against it, the next for it. Then he voted against it.

Sanders was actually giving a speech about an amendment that he proposed to the bill ("The Sanders Amendment"), that would have paid for much of the bailout by taxing the rich.

Sanders’ amendment calls for a 10-percent tax surcharge on individuals who make more than $500,000 annually and couples earning more than $1 million.

Sanders will not vote for the broader Senate bailout bill unless it contains the amendment he authored, said Will Wiquist, the senator’s spokesman today.

http://www.burlingtonfreepress.com/apps/pbcs.dll/article?AID=/20081001/NEWS03/81001041

Cry Havoc

10-02-2008, 01:23 AM

whottt

10-02-2008, 01:26 AM

You know it's sad that we've gone from fighting about which President will make the better candidate to, "Oh well, it doesn't matter, they both fucked us over and now our economy is going to tank because of it."

...

Sad day to be an American. :(

Hey, look on the bright side, if you got more than 100K in a single bank account you're now insured for up to 250k.

I know I lose sleep at night over losing that 100k I keep in my checking account :tu

Cry Havoc

10-02-2008, 01:38 AM

Hey, look on the bright side, if you got more than 100K in a single bank account you're now insured for up to 250k.

I know I lose sleep at night over losing that 100k I keep in my checking account :tu

Sweeeet. 250k might be enough to buy a month's worth of groceries soon.