Comments on: Bailout, Redux http://www.theagitator.com/2008/10/02/bailout-redux/ It rankles me when somebody tries to tell somebody what to do. Fri, 10 Feb 2012 09:54:22 +0000 hourly 1 http://wordpress.org/?v=3.2 By: Greg Shaffer http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-187419 Greg Shaffer Fri, 03 Oct 2008 20:43:41 +0000 http://www.theagitator.com/?p=10751#comment-187419 All that money, and not a dime earmarked to bring back Firefly. Fucking politicians are useless. All that money, and not a dime earmarked to bring back Firefly. Fucking politicians are useless.

]]> By: Jeff http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-187405 Jeff Fri, 03 Oct 2008 19:24:43 +0000 http://www.theagitator.com/?p=10751#comment-187405 And don't let's forget the $25 billion to the U.S. automakers. Of course, as those CEOs have informed the public, that was NOT a bailout. Y-E-A-H . . . And don’t let’s forget the $25 billion to the U.S. automakers. Of course, as those CEOs have informed the public, that was NOT a bailout. Y-E-A-H . . .

]]> By: IntheDetails http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-187047 IntheDetails Thu, 02 Oct 2008 22:40:39 +0000 http://www.theagitator.com/?p=10751#comment-187047 With the exception of the FDIC insurance increase, by my quick eyeballing there is absolutely <i>nothing</i> different in the bailout portion of the bill. <i>Only</i> the tax & revenue sweeteners tacked on after the bailout provisions differentiate the failed House version and the passed Senate version. Ever House member who switches votes should be required to write a 500 word essay on why tax breaks for wooden arrows or better water heaters casued them to change their mind on this. With the exception of the FDIC insurance increase, by my quick eyeballing there is absolutely nothing different in the bailout portion of the bill. Only the tax & revenue sweeteners tacked on after the bailout provisions differentiate the failed House version and the passed Senate version.

Ever House member who switches votes should be required to write a 500 word essay on why tax breaks for wooden arrows or better water heaters casued them to change their mind on this.

]]> By: IntheDetails http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-187041 IntheDetails Thu, 02 Oct 2008 22:34:44 +0000 http://www.theagitator.com/?p=10751#comment-187041 FWIW - It's not $612 Billion, it's <i>only</i> 487 Billion to fight wars. ( Geeze, I feel much better...) See http://www.fcw.com/online/news/153955-1.html Brian Doherty is tripping up over the difference between authorizations and appropriations. Of course, a the supplemental war appropriations bill that's come along every year so far could easily jack it up beyond that. FWIW – It’s not $612 Billion, it’s only 487 Billion to fight wars.
( Geeze, I feel much better…)

See http://www.fcw.com/online/news/153955-1.html

Brian Doherty is tripping up over the difference between authorizations and appropriations.

Of course, a the supplemental war appropriations bill that’s come along every year so far could easily jack it up beyond that.

]]> By: Andrew http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-187012 Andrew Thu, 02 Oct 2008 21:56:58 +0000 http://www.theagitator.com/?p=10751#comment-187012 <blockquote>FWIW, I think the mental health provisions were part of the original bill that the Senate hijacked for the bailout. (For some procedural reason, it’s easier to amend an existing bill than to introduce a new one.)</blockquote> It's because of Article I, Section 7 of the Constitution, which states that all bills for raising revenue shall start in the House of Representatives. Since this is starting in the Senate, they can't start a bill raising revenue, but they technically can start a non-revenue bill (the mental health bill) and then suggest the revenue provisions as an amendment.

FWIW, I think the mental health provisions were part of the original bill that the Senate hijacked for the bailout. (For some procedural reason, it’s easier to amend an existing bill than to introduce a new one.)

It’s because of Article I, Section 7 of the Constitution, which states that all bills for raising revenue shall start in the House of Representatives. Since this is starting in the Senate, they can’t start a bill raising revenue, but they technically can start a non-revenue bill (the mental health bill) and then suggest the revenue provisions as an amendment.

]]> By: omar http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186987 omar Thu, 02 Oct 2008 20:45:33 +0000 http://www.theagitator.com/?p=10751#comment-186987 why not just let congress make one law per year? why not just let congress make one law per year?

]]> By: "Something must be done" « Upturned Earth || John Schwenkler http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186984 "Something must be done" « Upturned Earth || John Schwenkler Thu, 02 Oct 2008 20:06:33 +0000 http://www.theagitator.com/?p=10751#comment-186984 [...] that or we could just exempt the excise tax on wooden arrows for children and call it a day. No Comments so far Leave a comment RSS feed for comments on this post. [...] [...] that or we could just exempt the excise tax on wooden arrows for children and call it a day. No Comments so far Leave a comment RSS feed for comments on this post. [...]

]]> By: Windypundit http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186982 Windypundit Thu, 02 Oct 2008 20:00:06 +0000 http://www.theagitator.com/?p=10751#comment-186982 FWIW, I think the mental health provisions were part of the original bill that the Senate hijacked for the bailout. (For some procedural reason, it's easier to amend an existing bill than to introduce a new one.) FWIW, I think the mental health provisions were part of the original bill that the Senate hijacked for the bailout. (For some procedural reason, it’s easier to amend an existing bill than to introduce a new one.)

]]> By: Honeyko http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186981 Honeyko Thu, 02 Oct 2008 19:53:15 +0000 http://www.theagitator.com/?p=10751#comment-186981 That itemized list is all the <i>unimportant shit</i>, Radley. <b><a href="http://market-ticker.denninger.net/" rel="nofollow">Keep your eyes on the ball.</a></b> That itemized list is all the unimportant shit, Radley.

Keep your eyes on the ball.

]]> By: Billy Beck http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186974 Billy Beck Thu, 02 Oct 2008 18:08:44 +0000 http://www.theagitator.com/?p=10751#comment-186974 <i>"I’ve heard estimates that the bailout is going to cost every american the equivelent of about one month’s wages."</i> If it could be arranged and these motherfuckers would set me free at twice that price, I might sign my soul away on that deal. “I’ve heard estimates that the bailout is going to cost every american the equivelent of about one month’s wages.”

If it could be arranged and these motherfuckers would set me free at twice that price, I might sign my soul away on that deal.

]]> By: TC http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186973 TC Thu, 02 Oct 2008 17:46:10 +0000 http://www.theagitator.com/?p=10751#comment-186973 Ya know, maybe, JUST MAYBE!, iffin enough average joes and janes see their portfolios shrink by thousands of dollars within a single day, they might figure out that it is NOT the pres that is in charge! IT”S CONGRESS!!!! FLUSH THE TOILET! There is ample obvious evidence that congress did not do the job we hired them to do! FIRE THEM TODAY! I dare any of you to go tell your boss tomorrow to go suck an egg! Congress did not get the message two years ago when so many got turned over, and they still do not get it! The Dems could not pat themselves on the back enough over their, “victory” and spouted all the changes they were going to make in 100 days. To date 700 days later they have accomplished NOTHING EITHER! Vote no for ANY incumbent over two terms! Oh and especially if they voted to hand over a trillion dollars with little oversight! Sans that, load up on ammunition of the accurate kind. Cuz change might become more forceful than this society is used to. Ya know, maybe, JUST MAYBE!, iffin enough average joes and janes see their portfolios shrink by thousands of dollars within a single day, they might figure out that it is NOT the pres that is in charge!

IT”S CONGRESS!!!!

FLUSH THE TOILET!

There is ample obvious evidence that congress did not do the job we hired them to do! FIRE THEM TODAY!

I dare any of you to go tell your boss tomorrow to go suck an egg!

Congress did not get the message two years ago when so many got turned over, and they still do not get it! The Dems could not pat themselves on the back enough over their, “victory” and spouted all the changes they were going to make in 100 days. To date 700 days later they have accomplished NOTHING EITHER!

Vote no for ANY incumbent over two terms! Oh and especially if they voted to hand over a trillion dollars with little oversight!

Sans that, load up on ammunition of the accurate kind. Cuz change might become more forceful than this society is used to.

]]> By: the brown acid http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186962 the brown acid Thu, 02 Oct 2008 16:18:24 +0000 http://www.theagitator.com/?p=10751#comment-186962 I've heard estimates that the bailout is going to cost every american the equivelent of about one month's wages. Nice to know that an entire month of a year of working is going to repair Wall St.'s fuckups. Someone burn the NYSE down already. I’ve heard estimates that the bailout is going to cost every american the equivelent of about one month’s wages. Nice to know that an entire month of a year of working is going to repair Wall St.’s fuckups. Someone burn the NYSE down already.

]]> By: Brandon Bowers http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186949 Brandon Bowers Thu, 02 Oct 2008 16:02:34 +0000 http://www.theagitator.com/?p=10751#comment-186949 There's really no way out of this once it passes, is there? This is a perfect power grab; Even if we depose these evil dictators, we're still on the hook for their $700 billion giveaway to their friends. There’s really no way out of this once it passes, is there? This is a perfect power grab; Even if we depose these evil dictators, we’re still on the hook for their $700 billion giveaway to their friends.

]]> By: Ginger Dan http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186936 Ginger Dan Thu, 02 Oct 2008 15:45:16 +0000 http://www.theagitator.com/?p=10751#comment-186936 Wooden arrows? Who knew Peter Pan had a lobbyist? Wooden arrows? Who knew Peter Pan had a lobbyist?

]]> By: Marty http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186930 Marty Thu, 02 Oct 2008 15:01:22 +0000 http://www.theagitator.com/?p=10751#comment-186930 'Pretty soon, we’re going to be talking about a lot of money.' I hope someone lets me know when I oughtta start paying attention... ‘Pretty soon, we’re going to be talking about a lot of money.’

I hope someone lets me know when I oughtta start paying attention…

]]> By: The Distributed Republic http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186929 The Distributed Republic Thu, 02 Oct 2008 14:59:59 +0000 http://www.theagitator.com/?p=10751#comment-186929 <strong>I am getting old...</strong> My feeling about the bailout, which I believe is going to pass (though I hope that I am wrong) is that this is the turning point, the beginning of end of the United States. But stepping back, I think this may just be the turning point of my life, when ... I am getting old…

My feeling about the bailout, which I believe is going to pass (though I hope that I am wrong) is that this is the turning point, the beginning of end of the United States. But stepping back, I think this may just be the turning point of my life, when …

]]> By: Original Matt http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186928 Original Matt Thu, 02 Oct 2008 14:57:02 +0000 http://www.theagitator.com/?p=10751#comment-186928 The New Matt has made a very valid point. This is just another attempt by the Bush Administration and congressional Democrats to make a power grab in a time of crisis. The economic doom they keep predicting in their interventionist religion is a scare tactic just like revelations. In Mother Nature, species die out and new ones take their place. They are trying to stop the economic evolution that is necessary for America to survive in the future. Paulson and company fail to realize that it's ok to let the old guard die off, it's only natural. The New Matt has made a very valid point. This is just another attempt by the Bush Administration and congressional Democrats to make a power grab in a time of crisis. The economic doom they keep predicting in their interventionist religion is a scare tactic just like revelations.

In Mother Nature, species die out and new ones take their place. They are trying to stop the economic evolution that is necessary for America to survive in the future. Paulson and company fail to realize that it’s ok to let the old guard die off, it’s only natural.

]]> By: Boyd Durkin http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186926 Boyd Durkin Thu, 02 Oct 2008 14:29:47 +0000 http://www.theagitator.com/?p=10751#comment-186926 I worked for awhile at one of the hottest Washington DC nightclubs. Those guys in the Kids Wooden Arrow Lobby were not to be messed with when they came in. Most of them had mixed martial arts backgrounds, got first pick of the ladies, and all drove blacked out Hummers (WITH spinning rims). No surprise that the most important bailout in human history was held up until they had their input. That's how the KWAL rolls. I worked for awhile at one of the hottest Washington DC nightclubs. Those guys in the Kids Wooden Arrow Lobby were not to be messed with when they came in. Most of them had mixed martial arts backgrounds, got first pick of the ladies, and all drove blacked out Hummers (WITH spinning rims).

No surprise that the most important bailout in human history was held up until they had their input. That’s how the KWAL rolls.

]]> By: jet http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186925 jet Thu, 02 Oct 2008 14:11:14 +0000 http://www.theagitator.com/?p=10751#comment-186925 All of this is one reason that I actually sort of hoped that the first bill would pass the House on Monday. Not that I think pissing taxpayer money away on this market without taking any steps to reform the fundamental causes is a good idea, but because the pigs hadn't had time yet to belly up to the trough. I'm hearing that calls to Congress are running about 100:1 against passing this bill, but I don't think I'd back that bet when the House comes to a vote on it again. It's feeding time, boys! All of this is one reason that I actually sort of hoped that the first bill would pass the House on Monday. Not that I think pissing taxpayer money away on this market without taking any steps to reform the fundamental causes is a good idea, but because the pigs hadn’t had time yet to belly up to the trough. I’m hearing that calls to Congress are running about 100:1 against passing this bill, but I don’t think I’d back that bet when the House comes to a vote on it again. It’s feeding time, boys!

]]> By: Chris in PA http://www.theagitator.com/2008/10/02/bailout-redux/comment-page-1/#comment-186924 Chris in PA Thu, 02 Oct 2008 14:05:17 +0000 http://www.theagitator.com/?p=10751#comment-186924 witless chum: Go renew your license at the DMV and you'll be one of us by lunch. Start scouting out Montana ranchland now. :) witless chum:

Go renew your license at the DMV and you’ll be one of us by lunch. Start scouting out Montana ranchland now. :)

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