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.
Posted by guest , Oct 01, 2008 8:21PM
first!
Posted by guest , Oct 01, 2008 8:35PM
New Zealand!
Posted by guest , Oct 01, 2008 8:36PM
pelosi is evil incarnate
Posted by guest , Oct 01, 2008 8:44PM
I can't believe I'm watching CSPAN... what has this world come to?
Posted by guest , Oct 01, 2008 8:45PM
I'm double fisting cspan and cnbc right now
Posted by guest , Oct 01, 2008 8:50PM
I just touched my girlfriend with my balls
Posted by Mr Jones , Oct 01, 2008 8:51PM
Sen. Bernie Sanders talking about the 10% tax on > $500k incomes...."I ask for a yes vote."
F U Bernie
Posted by Mr Jones , Oct 01, 2008 8:52PM
"The no's have it!"
Posted by guest , Oct 01, 2008 8:53PM
I just accidentally the whole fleshlight!
Posted by guest , Oct 01, 2008 8:55PM
I'm going to miss David Tinsley, whoever the fuck he is.
Posted by guest , Oct 01, 2008 8:56PM
David Tinsley is the greatest man ever to draw breath.
Posted by guest , Oct 01, 2008 8:57PM
Thank god Harry Reid just saved the economy with that speech! Now we can get back to earmarks!
Posted by guest , Oct 01, 2008 8:57PM
Tinsley for President!
Posted by Mr Jones , Oct 01, 2008 8:58PM
Seriously, was Reid talking about the Senate cook? I thouht he said cook.
Posted by guest , Oct 01, 2008 8:59PM
Bess you going to go cold turkey on Yom Kippur? - No posting for the whole day?
Posted by guest , Oct 01, 2008 9:02PM
Who is this man from Henderson that Reid is talking about? Is he getting the full $700 billion? That's bullshit!
Posted by guest , Oct 01, 2008 9:03PM
you know times are tough when reid has to quote ralph waldo emerson.
Posted by guest , Oct 01, 2008 9:05PM
Last minute amendment. John Boehner has to be a butler for every Senator for a day.
Posted by Mr Jones , Oct 01, 2008 9:05PM
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.
Posted by Anal_yst , Oct 01, 2008 9:06PM
can we talk about the important stuff, like who looked more bangable this evening, Becky or Melissa?
Posted by guest , Oct 01, 2008 9:07PM
how about the arrow industry pork in this bill? leisman reported it earlier.
Posted by RamblinWreck , Oct 01, 2008 9:07PM
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.
Posted by cheesedog , Oct 01, 2008 9:08PM
Kudlow is an idiot blowhard. So is his guest in the mustard shirt. I want them to fight.
Posted by guest , Oct 01, 2008 9:08PM
Mr. Freeze. Mr. Freeze aye. Mr. Coffee. Mr. Coffee aye. Mr. Mister. Mr. Mister aye.
Posted by guest , Oct 01, 2008 9:09PM
Holy shit. Anyone else see Kudlow rip that Yale fuck a new asshole? Hilarious.
Posted by guest , Oct 01, 2008 9:09PM
Is there a Senator Brownbag? Did I catch that right?
Posted by guest , Oct 01, 2008 9:10PM
kudlow is going to have a heartattack on air.
Posted by guest , Oct 01, 2008 9:11PM
Think Kopell is going home to cry after the Kudlow attack.
Posted by guest , Oct 01, 2008 9:12PM
Ms. Landrieu. Ms. Landrieu, Bawk!
Posted by RamblinWreck , Oct 01, 2008 9:12PM
I'm going w/ 67-33 pass
Posted by cheesedog , Oct 01, 2008 9:12PM
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.
Posted by Mr Jones , Oct 01, 2008 9:12PM
Does Mark Haynes ever go home. Does he just go out for a few martinis in the afternoon?
Posted by guest , Oct 01, 2008 9:13PM
Not voting in the election. both Obama and McCain voted for this abomination of a bill. What a sad disgrace for our country.
Posted by guest , Oct 01, 2008 9:14PM
@30 - ill take the over.
Posted by guest , Oct 01, 2008 9:14PM
@26 -- Sam Brownback.
Posted by Mr Jones , Oct 01, 2008 9:15PM
Did the announcer guy just keel over?
Posted by guest , Oct 01, 2008 9:18PM
wtf kinda alphabetical order is this?!
Posted by guest , Oct 01, 2008 9:18PM
Fuck you 33. Go back to Iowa and fucking your sister-wife
Posted by Mr Jones , Oct 01, 2008 9:20PM
They're voting on the amendment now, then they vote on the actual bill? I'm totally confused.
Posted by guest , Oct 01, 2008 9:20PM
Passed
Posted by guest , Oct 01, 2008 9:21PM
who didn't vote?!
Posted by guest , Oct 01, 2008 9:21PM
Thank God there are no jews in the sanate. That fucker congressman from MA can go fuck his yamika. Damn House of Pussies.
Posted by guest , Oct 01, 2008 9:22PM
looks like dealbreaker scooped drudge. the siren is not up yet.
Posted by guest , Oct 01, 2008 9:22PM
@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.
Posted by Anal_yst , Oct 01, 2008 9:22PM
WTF is going on? High School student council meetings were more organized than this hoopla
Posted by guest , Oct 01, 2008 9:23PM
Mr. Fucking Retard Populist? Awe!
Posted by guest , Oct 01, 2008 9:23PM
@39 - maybe you are right. first vote for amendment, 2nd for bill w/ amendment.
-44
Posted by guest , Oct 01, 2008 9:24PM
I think Kennedy did not vote. I don't think he's there.
Posted by guest , Oct 01, 2008 9:24PM
CNBC is confused and isn't saying sh*t. Just go on c-span.org.
Posted by guest , Oct 01, 2008 9:25PM
I wish someone would just get up and blow a shofar at the end of the vote! Bring some levity to this shit show.
Posted by guest , Oct 01, 2008 9:25PM
it has NOT passed yet
Posted by AJ , Oct 01, 2008 9:25PM
"bitching" "can we say that" "well i just did"
amazing
Posted by cheesedog , Oct 01, 2008 9:26PM
Haines for President! He just said, "bitching".......get that man another martini.
Posted by guest , Oct 01, 2008 9:26PM
CSPAN has Kennedy as the no show
Posted by guest , Oct 01, 2008 9:26PM
back at ya 38, guess you are one of the crooked bankers who caused all of this on your crooked wall street.
Posted by guest , Oct 01, 2008 9:27PM
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
Posted by Anal_yst , Oct 01, 2008 9:27PM
How much yayo went around the CNBC studios today, just wondering, i'll put the o/u at around a key
Posted by guest , Oct 01, 2008 9:27PM
jk i get my news from CNBC which clearly doesnt know shit about politics
Posted by guest , Oct 01, 2008 9:30PM
Hey, got the link to the "who voted what" on http://tfpoi.com
Posted by guest , Oct 01, 2008 9:30PM
I'm guessing Brownback voted against?
Posted by StillNoCouch , Oct 01, 2008 9:33PM
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!)
Posted by Anal_yst , Oct 01, 2008 9:36PM
@ 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).
Posted by guest , Oct 01, 2008 9:40PM
Question: Any thoughts on why the futures are now down 50 points?
Posted by guest , Oct 01, 2008 9:40PM
Yay for socialism.
Posted by guest , Oct 01, 2008 9:43PM
How much neck skin can one man have?!
Posted by guest , Oct 01, 2008 9:43PM
Who was the Yale Prof that Kudlow ripped on before the vote??
Posted by guest , Oct 01, 2008 9:44PM
Here's a refresher for you bitches!
http://www.youtube.com/watch?v=mEJL2Uuv-oQ
SPODE
Posted by guest , Oct 01, 2008 9:44PM
The post vote press conference was a rather impressive circle jerk, way to go Washington.
Posted by Anal_yst , Oct 01, 2008 9:52PM
Senator Casey? (or whoever that is) uh, http://www.impawards.com/1988/posters/twins_ver3.jpg
Posted by FUNdamental , Oct 01, 2008 9:54PM
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!!!
Posted by guest , Oct 01, 2008 10:03PM
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.
Posted by guest , Oct 01, 2008 10:05PM
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/
Posted by guest , Oct 01, 2008 10:09PM
Bess
You're getting better every day
BRAVO !!!!
Posted by guest , Oct 01, 2008 10:13PM
@35 Senator Bareback
Posted by guest , Oct 01, 2008 10:13PM
#25
good catch
Kudlow murdered that chimp
Posted by guest , Oct 01, 2008 10:14PM
Speaking of that guy from Yale....
is it true that every one in Skull and Bones is gay ??
Posted by guest , Oct 01, 2008 10:15PM
about 72 ignore that atm
Posted by Anal_yst , Oct 01, 2008 10:16PM
@ 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 )
Posted by guest , Oct 01, 2008 10:16PM
It's true
All Yalies are gay
Posted by guest , Oct 01, 2008 10:17PM
It's true
All Yalies are gay
Posted by guest , Oct 01, 2008 10:18PM
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.
Posted by guest , Oct 01, 2008 10:19PM
Kudlow was on fire tonight
he must be back on the crack pipe
Posted by guest , Oct 01, 2008 10:19PM
@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.
Posted by guest , Oct 01, 2008 10:20PM
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
Posted by guest , Oct 01, 2008 10:21PM
Haines is getting funnier every day
Posted by guest , Oct 01, 2008 10:21PM
@81 voted down
Posted by guest , Oct 01, 2008 10:22PM
83
relax will you , it's not like 42 made a Mary Jo Kopechne joke
Posted by FUNdamental , Oct 01, 2008 10:24PM
83 - when reached for comment the gov. of california said "it's not a tumahhh"
Posted by guest , Oct 01, 2008 10:25PM
Haines must've wolfed down 2 dozen donuts today
Posted by guest , Oct 01, 2008 10:26PM
Kennedy was out with Chris Dodd , cruising Georgetown for 18-year olds to bring back to La Brasserie
Posted by guest , Oct 01, 2008 10:26PM
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?
Posted by guest , Oct 01, 2008 10:29PM
Thanks, 86.
-81
Posted by guest , Oct 01, 2008 10:33PM
@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?
Posted by IAmTooBigToFail , Oct 01, 2008 10:34PM
How appropriate! Here's the lifestyle apparel brand for struggling economies and strange bedfellow!
www.IAmTooBigToFail.com
Pi$$ in your pants funny...
Posted by guest , Oct 01, 2008 10:35PM
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.
Posted by guest , Oct 01, 2008 10:41PM
Bess Get some sleep.
Posted by guest , Oct 01, 2008 10:44PM
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?
Posted by legal eagle , Oct 01, 2008 10:49PM
@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).
Posted by guest , Oct 01, 2008 10:53PM
@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.
Posted by guest , Oct 01, 2008 11:00PM
@ 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.
Posted by guest , Oct 01, 2008 11:09PM
@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.
Posted by guest , Oct 01, 2008 11:12PM
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?
Posted by guest , Oct 01, 2008 11:37PM
Too long, didn't read.
Posted by guest , Oct 01, 2008 11:52PM
Hey guys. Just got back from vacation. What's going on?
Posted by guest , Oct 01, 2008 11:55PM
101,
What or where is Excalibur? I know Archibald's well..but not this Excalibur place that you speak of.
Posted by StupidEquityGuy , Oct 01, 2008 11:57PM
Before...
http://research.stlouisfed.org/fred2/fredgraph?chart_type=line&width=1000&height=600&preserve_ratio=true&s[1][id]=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...
Posted by guest , Oct 02, 2008 12:04AM
101,
Excalibur = Camelot?
Posted by guest , Oct 02, 2008 12:14AM
Tomorrow I sue my stock broker for malpractice.
Posted by guest , Oct 02, 2008 12:17AM
love the drudge siren!
Posted by guest , Oct 02, 2008 12:17AM
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!!!!
Posted by guest , Oct 02, 2008 12:23AM
@107 - Yes, meant Camelot. Damn names confuse me...I'm drinking away my sorrows. Fuck this economy.
Posted by guest , Oct 02, 2008 12:29AM
@111 - I'll meet you in the men's room at Dulles. Pls bring lube and a condom.
L. Craig
Posted by guest , Oct 02, 2008 12:32AM
PS. My friends M. Foley and J. McGreevey will be there!
Posted by guest , Oct 02, 2008 12:35AM
112,
Thanks. Now I am calm.
Posted by guest , Oct 02, 2008 12:40AM
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.
Posted by guest , Oct 02, 2008 1:02AM
fuck you fatcats
Posted by guest , Oct 02, 2008 1:04AM
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!
Posted by Novice , Oct 02, 2008 1:48AM
@80 Yeah, that whole Yale thing.
Posted by guest , Oct 02, 2008 4:03AM
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?
Posted by guest , Oct 02, 2008 8:38AM
Wooden arrow futures killing it.
Posted by guest , Oct 02, 2008 9:24AM
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).
Posted by guest , Oct 02, 2008 9:31AM
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.
Posted by guest , Oct 02, 2008 12:25PM
A little late to the party, but yeah, 8:46.
Important humor, for im-potent times.
Priceless, Bess, Priceless.