This one still sucks
Just in case LRNs needed to know my opinion of the ‘new’ bill for the ‘bailout’.
From electoral-vote.com:
The whips are out rounding up stray votes as both the Democratic leadership and Republican leadership want the Senate bailout bill to be approved by the House today. The bill started out at 3 pages, but is now 451 pages. But the additional pages just add pork and a tad of oversight. The core idea–the secretary of the treasury gets $700 billion over time to buy whatever assets he wants to at whatever price he wants to from whomever he wants to–is still intact. The taxpayers may get someone in return for their money, but what they get is entirely up to the discretion of the treasury secretary. These points notwithstanding, it is expected that enough pork has been added to the bill (448 pages is a lot of pork) to buy off a net of 13 representatives, so the bill will probably pass, albeit with some procedural wrangling.
Oversight is only slightly better than the first time…which means almost nothing. What happened to the Dodd Admendment that gave at least the same oversight as Congress has currently been giving, even though that sucked too? And the majority of it is PORK! Jeeeze, 448 pages of pork!
Oh, and BTW, HOW ARE WE PAYING FOR THIS?!?!?!?!?!?!?!?!?!
Obviously still a big NO from Nothing Knew.
October 3, 2008 at 2:50 pm
screw politics, when the hell are you posting the OC pictures???
October 3, 2008 at 4:08 pm
I posted them at the private location. You got the email and said you would look at them at home.
Posting the others takes more time…and I have been busy this week. Unfortunately not with work so much as other projects. I’ll get to the photos tonight, I hope.
October 3, 2008 at 6:10 pm
If the choice is between a lousy bailout bill and economic Armageddon, I’d vote for the lousy bailout bill.
– Robert Reich
Actually, I wouldn’t mind seeing the OC pictures too. I’d love to have some more up to date pictures of all your growing kids.
October 3, 2008 at 7:22 pm
No pics of friends and family here. I’ll send you the other site link via email.