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Skip to comments.Once 3 pages, bailout bill now length of novel
Posted on 10/01/2008 5:43:45 PM PDT by pissant
Two Saturdays ago, it totaled just three pages the White House's request for $700 billion to rescue tottering financial institutions by buying their devalued mortgage-related assets.
After an intense weekend of negotiations, the draft of the bailout legislation before Congress had swelled to 42 pages.
The following Friday, after almost a week of marathon talks between Treasury Secretary Henry Paulson and key lawmakers in both parties, the working version was up to 102 pages. It went down to defeat Monday in the House, mostly at the hands of Republicans.
Once the Senate was finished adding sweeteners Wednesday to entice reluctant House Republicans to change their minds and vote for the bailout, the bill heading for passage had grown to 451 pages.
It was unclear whether it would expand still more as House leaders hunted for the votes needed to clear the bill.
(Excerpt) Read more at ap.google.com ...
If they are going to force feed us this crap, go back to the 3-page version.
But it will feed a lot of pigs.
They’re trimming this thing like a Christmas tree.
They are going down the depression road.
It needs to be sunk, but probably won't.
That's okay, I'm not planning on retiring in the United Soviet of America.
Good thing our govt ain’t broken. /s/s/s/s/s/s/s/
I made it to about page 260 and gave up in frustration. This is disgusting.AWB
This is right up there with amnesty in terms of all time rotten, anti-american legislation.
Well, I suppose now we can safely say that not a single one of them will have read it and understands it when they vote on it.
...and it ain't Atlas Shrugged...
Anyone remember the movie ISHTAR?
I think this bill will be more painful to read than that movie was to sit through.
Except we don’t get no presents.
Correct. They could have picked any random, trashy dime store novel and passed it as legislation and it would be million times better than the junk they are peddling now.
So, truthfully they will be able to say that “they didn’t know”. /s
Right and I thought any legislation regarding money (taxes) had to start in the house?
Thank goodness “project runway” is on tonight. :) /s
I’m sure it is a tacked on amendment to an existing bill or some such crap.
Anyone got the cliff notes on this bill?
Since it had Dustin Hoffman in it, I chose to ignore it, like I do all his crappy movies.
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