8:18: They’re voting on the Amtrak and rail safety bill now. Lame.
8:28: Now they’re debating the “U.S.-India Nuclear Agreement.”
8:37: CNBC is showing us footage of McCain’s car pulling up to the building. Also: a former “massage parlor-king” says he can ease political tension in Thailand.
8:39: They’re taking roll, just got through the k’s. Wouldn’t that be wild if Kennedy came out for this one?
8:44: CNBC commentator from the CATO Institute says, “We’re getting raped.” I missed everything else, but I think he’s against the bill.
8:46: I’m getting pretty bored here so I’m just going to say it: Senator Akaka.
8:50: Senator Judd Gregg (R-NH): “This would be a major mistake not to pass.”
8:52: Senator Harry Reid (D-NV): Is giving what sounds like a speech at someone’s retirement party. In this case it’s David something’s retirement party. “David has been party of our Senate family for 31 years.” “He is a wonderful person.” “He is part of our extended family.”
8:54: Senator Mitch McConnell (R-KY) is also talking about “David.” I seriously think they’re about to cut a cake.
9:06: They’re voting.
9:09:: Stupid ass counter is not up to speed. So far:
13 v 4, Y v N
9:11: 30 v 4, Y v N
9:12: 40 v 13, Y v N
9:13: 40 v 15, Y v N
9:16: 56 v 18, Y v N (can’t believe Feingold voted Nay.)
9:17: 65 v 21, Y v N
9:18: 74 v 25, Y v N (who didn’t vote? Kennedy?).
PASSED. I feel like I should go buy a wooden bow and arrow.
Comments (122)
Leave a comment
You can log in with your account or comment as a guest below.
first!
New Zealand!
pelosi is evil incarnate
I can’t believe I’m watching CSPAN… what has this world come to?
I’m double fisting cspan and cnbc right now
I just touched my girlfriend with my balls
Sen. Bernie Sanders talking about the 10% tax on > $500k incomes….”I ask for a yes vote.”
F U Bernie
“The no’s have it!”
I just accidentally the whole fleshlight!
I’m going to miss David Tinsley, whoever the fuck he is.
David Tinsley is the greatest man ever to draw breath.
Thank god Harry Reid just saved the economy with that speech! Now we can get back to earmarks!
Tinsley for President!
Seriously, was Reid talking about the Senate cook? I thouht he said cook.
Bess you going to go cold turkey on Yom Kippur? – No posting for the whole day?
Who is this man from Henderson that Reid is talking about? Is he getting the full $700 billion? That’s bullshit!
you know times are tough when reid has to quote ralph waldo emerson.
Last minute amendment. John Boehner has to be a butler for every Senator for a day.
I’m trying to keep it on CSPAN, but I’m having a tough time not flipping back to MSNBC’s train-wreck Sarah Palin clips. Dear lord.
can we talk about the important stuff, like who looked more bangable this evening, Becky or Melissa?
how about the arrow industry pork in this bill? leisman reported it earlier.
Congress must have planned this all out: let the simpler bill fail, markets tank, draft bill with all kinds of extra shit in it, proceed to pass said full of shit bill because it took people’s 401(k)s dropping a couple $1,000 in one day to make them understand that, yes, things are indeed bad.
Kudlow is an idiot blowhard. So is his guest in the mustard shirt. I want them to fight.
Mr. Freeze. Mr. Freeze aye. Mr. Coffee. Mr. Coffee aye. Mr. Mister. Mr. Mister aye.
Holy shit. Anyone else see Kudlow rip that Yale fuck a new asshole? Hilarious.
Is there a Senator Brownbag? Did I catch that right?
kudlow is going to have a heartattack on air.
Think Kopell is going home to cry after the Kudlow attack.
Ms. Landrieu. Ms. Landrieu, Bawk!
I’m going w/ 67-33 pass
Why do they have college professors on this network? They know nothing of the market. Everything they blab is theory and completely irrelevant to the real world. CNBC, no more college guys in horrible outfits.
Does Mark Haynes ever go home. Does he just go out for a few martinis in the afternoon?
Not voting in the election. both Obama and McCain voted for this abomination of a bill. What a sad disgrace for our country.
@30 – ill take the over.
@26 — Sam Brownback.
Did the announcer guy just keel over?
wtf kinda alphabetical order is this?!
They’re voting on the amendment now, then they vote on the actual bill? I’m totally confused.
Passed
who didn’t vote?!
Thank God there are no jews in the sanate. That fucker congressman from MA can go fuck his yamika. Damn House of Pussies.
looks like dealbreaker scooped drudge. the siren is not up yet.
@39 – The “bill” is the Tax Code of 1986 so they aren’t voting on that. The bailout was an amendment. Not sure why the double vote though.
WTF is going on? High School student council meetings were more organized than this hoopla
Mr. Fucking Retard Populist? Awe!
@39 – maybe you are right. first vote for amendment, 2nd for bill w/ amendment.
-44
I think Kennedy did not vote. I don’t think he’s there.
CNBC is confused and isn’t saying sh*t. Just go on c-span.org.
I wish someone would just get up and blow a shofar at the end of the vote! Bring some levity to this shit show.
it has NOT passed yet
“bitching” “can we say that” “well i just did”
amazing
Haines for President! He just said, “bitching”…….get that man another martini.
CSPAN has Kennedy as the no show
back at ya 38, guess you are one of the crooked bankers who caused all of this on your crooked wall street.
CSPAN:
Finance Bill Passes in the Senate
Today
The Senate approved the bill on the federal intervention in the financial markets by a vote of 74-25. Sen. McCain (R-AZ), Sen. Obama (D-IL), and Sen. Biden (D-DE) voted for the bill.
G
How much yayo went around the CNBC studios today, just wondering, i’ll put the o/u at around a key
jk i get my news from CNBC which clearly doesnt know shit about politics
Hey, got the link to the “who voted what” on http://tfpoi.com
I’m guessing Brownback voted against?
Sh!t … now I have to dump my options on Shotgun Shells and Canned Goods !
(I’m still sticking with my ‘Buy’ recommendation for the first company that comes up with High-Def Color Smart-Bomb cameras though … that’s the next emerging market!)
@ 59 (aka Jay):
Promotion your blog “anonymously” in blog comments is not cool bro. Write something prescient, funny, or otherwise remotely entertaining and people will come by their own accord and/or link to you. Just a lil helpful hint mang, seriously chill on that though.
A few observations:
Why, in 2008, does there appear to be something like 3, 4 computers in the entire chamber?
Larry Kudlow: Wtf, no asshole collar today? GASP!!!
Seriously, Melissa Francis or Becky Quick? Both looked especially sexilicious this evening (you KNOW WB was glued to the tv).
Question: Any thoughts on why the futures are now down 50 points?
Yay for socialism.
How much neck skin can one man have?!
Who was the Yale Prof that Kudlow ripped on before the vote??
Here’s a refresher for you bitches!
http://www.youtube.com/watch?v=mEJL2Uuv-oQ
SPODE
The post vote press conference was a rather impressive circle jerk, way to go Washington.
Senator Casey? (or whoever that is) uh, http://www.impawards.com/1988/posters/twins_ver3.jpg
ok anal, i’m going with becky. But then again i almost always do, super highly rated as far as i’m concerned.
We couldn’t throw kudlow and cramer together again? There might have actually been a murder on a business channel on live tv!
ok now that it is passed the senate we get to sit and wait and see what the markets do, and then decide if the house should pass it…if markets up, NEW LAW. Markets down…communist bullshit!!!
I can’t believe they got Coburn. If Coburn is voting for it, nobody else has any business claiming they’re too small-government/free-market for a bailout.
http://tfpoi.com/2008/10/01/names-of-who-voted-against-the-bailout-in-the-senate-25-people-who-just-hate-the-jobs-theyve-got/
Bess
You’re getting better every day
BRAVO !!!!
@35 Senator Bareback
#25
good catch
Kudlow murdered that chimp
Speaking of that guy from Yale….
is it true that every one in Skull and Bones is gay ??
about 72 ignore that atm
@ 72
Apparently you didn’t read my prior comment, seriously slow your roll, son.
And who the fuck calls themselves the future prince of investing? Why not pick a lamer moniker (I suggest innuendo, that always works )
It’s true
All Yalies are gay
It’s true
All Yalies are gay
Folks, can anyone give a definitive update on the Sanders Amendment (the 10% tax thing)? I can’t tell if Mr. Jones @8 is telling me that it got voted down….
Apologies, I was watching baseball.
Kudlow was on fire tonight
he must be back on the crack pipe
@42 – Fuck You. I’m a conservative and even I respect Kennedy. Plus he has a Brain Tumor that could kill him in a few months, I’d like to see you show up to work with that.
dont you love how all the senators “congratulate” each other, and are so “proud” of what they did? like each day, I should be hihg-fiving all my colleagyes just for actually showing up and doing my job
Haines is getting funnier every day
@81 voted down
83
relax will you , it’s not like 42 made a Mary Jo Kopechne joke
83 – when reached for comment the gov. of california said “it’s not a tumahhh”
Haines must’ve wolfed down 2 dozen donuts today
Kennedy was out with Chris Dodd , cruising Georgetown for 18-year olds to bring back to La Brasserie
Asked this once, but no answers: Why did the dow futures go down 100 points from where they were before the vote? Bill doesn’t pass, market drops, bill passes (senate anyway) market drops. Any ideas?
Thanks, 86.
-81
@91 fear that the house still won’t pass it? fear that this thing is going global and an american bailout won’t fix it (see frogs, french)? fear that Warren Buffet won’t bail out the Fed?
How appropriate! Here’s the lifestyle apparel brand for struggling economies and strange bedfellow!
http://www.IAmTooBigToFail.com
Pi$$ in your pants funny…
91 Here. I think we’re fucked any way you look at it, so I guess it makes sense that the market would go down regardless.
Bess Get some sleep.
So they basically voted against the bill on Sunday so that they would have time to attach all their pet projects and cost everyone another $100 bil?
@97: Yes. Basically, they probably knew the bill was going to fail on its own, so they put it to vote prematurely. Then, when it failed and the market took a nose dive, they could then renegotiate by adding a bunch of bullshit pork. I’m not surprised at all, but it pisses me off to no end. What makes me the angriest is that no one from the senate or from the media even mentioned the parts of the bill that have nothing to do with the TARP (except Bess–kudos to you).
@91 “Asked this once, but no answers: Why did the dow futures go down 100 points from where they were before the vote? Bill doesn’t pass, market drops, bill passes (senate anyway) market drops. Any ideas?”
I think guest@64 has already answered your question.
@ 91
Maybe people are just really starting to pay attention.
This bill gets us to a starting point. It is merely the end of the begining. Now we get to focus on the horrific economy and Q3 earnings shortfalls.
See what happened to MOS after it’s EPS fell short today?
Government wants a big rally after this bill so they can say confidence is returning, That is the reason for the extension of the short sale ban. They know that short sellers would short into any rally because 3-4 weeks from now i bet we make new lows.
Economy is just really starting to crumble and people are just realizing that we are in a heap of trouble and this bill merely takes pure implosion off the table. It doesn’t take a very deep recession off the table.
@90 – I’m more of an Archibald’s fan myself. Also, there is a “massage parlor” next to Excalibur. Gotta love DC strip clubs. They suck but close enough proximity to Baltimore. Night and day man, night and day.
Sincerely,
DC Private Equity asshole.
So Paulson can only buy mortgages and mortgage-backed securities originated or issued on or before March 14, 2008?
So if any of these were further sliced and reissued they would not be covered?
Also, what about other ABSs other than those that are mortgaged-backed?
Too long, didn’t read.
Hey guys. Just got back from vacation. What’s going on?
101,
What or where is Excalibur? I know Archibald’s well..but not this Excalibur place that you speak of.
Before…
http://research.stlouisfed.org/fred2/fredgraph?chart_type=line&width=1000&height=600&preserve_ratio=true&s1id=BORROW
I wonder what “after” is going to look like. The charts over the next few months should show that gentle sloping ramp increasing its launch rate…
~SEG
and yes I am being a smart ass…
101,
Excalibur = Camelot?
Tomorrow I sue my stock broker for malpractice.
love the drudge siren!
101,
Pretend there is a flashing siren….
Don’t you understand? This is an emergency? I’ve been to every reputable strip club in the city (Northwest at least and excluding the shit hole on Georgia Avenue.O)
I demand an answer!!!!
@107 – Yes, meant Camelot. Damn names confuse me…I’m drinking away my sorrows. Fuck this economy.
@111 – I’ll meet you in the men’s room at Dulles. Pls bring lube and a condom.
L. Craig
PS. My friends M. Foley and J. McGreevey will be there!
112,
Thanks. Now I am calm.
102 – Shit like auto loans, credit cards and student loans shouldn’t even be considered ABS. Because it’s not. The assets are either non-existent, worthless, or going to a higher creditor in the case of bankruptcy.
Losses on this garbage are going to be massive and everyone knows it.
fuck you fatcats
So wait a minute. A 700 billion terrible-but-we-have-to-pass-it bill is now an 800-plus billion bill? This is improvement? Just like modern Republicans to vote for tax cuts w/o offsetting spending cuts. To hell with the deficit!
@80 Yeah, that whole Yale thing.
Education is in the toilet
Jobs are going overseas
Infrastructure is shit
and Govt is selling us and future generations into slave labor and worthless currency with the ‘bailout’
Anyplace to hide in the new economy?
Wooden arrow futures killing it.
Full text of the bill that passed — still 451 pages.
http://www.huffingtonpost.com/2008/10/01/senate-bailout-bill-vote_n_130959.html
It’s a third of thw way down (kinda like our economy).
Yo! Bloomberg stole our story.
http://www.bloomberg.com/apps/news?pid=20601103&sid=aKd0vyGN8L2k
It was the dealbreaker commentators that reported that Rose City Archery was the one to benefit from the tax break.
A little late to the party, but yeah, 8:46.
Important humor, for im-potent times.
Priceless, Bess, Priceless.