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Scroll For Updates: This Is The Dagwood Bumstead Of Crap Sandwiches…Crap Sandwich 2.0 passes 74-25

By: Pam On: Oct/1/08 - 3 Comments

Breaking: Senate Passes Rescue Bill

By a vote of 74-25, the Senate just approved the revised version of the $700 billion Wall Street rescue bill rejected Monday by the House.

The bill now heads to the House for a vote, likely on Friday. Some of the revisions included in the Senate bill were designed to win the support of House Republicans who voted against the first bill.

THE 400-PAGE BAILOUT?

Just think, when Paulson first sounded the alarm, it was only 3 pages!  And look,Senate 'bailout bill' demands insurance companies 'provide coverage for mental health treatment'... MORE,'Sweeteners'... ,,Obama: 'We cannot fail'...,McCain calls revamped bill an improvement...

Politicians' phones ringing off hook...
Shelby, Sessions to oppose new version...
Reid reveals: Major insurance company on verge of going bankrupt...
House foes soften...

Soros urges government stake in banks...

Ed has a tone of great coverage, but here is something that really caught my eye:

However, the Senate did add a few winners to this new version:

New Tax earmarks in Bailout bill
- Film and Television Productions (Sec. 502)
- Wooden Arrows designed for use by children (Sec. 503)
- 6 page package of earmarks for litigants in the 1989 Exxon Valdez incident, Alaska (Sec. 504)

Tax earmark “extenders” in the bailout bill.
- Virgin Island and Puerto Rican Rum (Section 308)
- American Samoa (Sec. 309)
- Mine Rescue Teams (Sec. 310)
- Mine Safety Equipment (Sec. 311)
- Domestic Production Activities in Puerto Rico (Sec. 312)
- Indian Tribes (Sec. 314, 315)
- Railroads (Sec. 316)
- Auto Racing Tracks (317)
- District of Columbia  (Sec. 322)
- Wool Research (Sec. 325)

Read the Senate bailout bill here

Others blogging:

Posted on: October 1, 2008 |

Posted in: Democrats, Economy, National News, Presidential Election '08, State/Local Elections '06, Subprime Crisis

3 Responses to “Scroll For Updates: This Is The Dagwood Bumstead Of Crap Sandwiches…Crap Sandwich 2.0 passes 74-25”

  1. The Buzz » Blog Archive » This is the Dagwood Bumstead of Crap Snadwiches
    October 1, 2008 - 06:33 PM on October 1st, 2008

    [...] TanToday – Helping Salon Owners, One At A Time, Since 2000! Text of Bailout Bill: Read The Latest Draft. Update: bill fails , Pelosi to blame « Sooshi Soo; Senate To Vote On New Wall Street Bailout Bill, Link To Text In this Post. …[Continue Reading] [...]

  2. Stocks and Bonds » Blog Archive » This is the Dagwood Bumstead of Crap Snadwiches
    October 2, 2008 - 12:00 AM on October 2nd, 2008

    [...] TanToday – Helping Salon Owners, One At A Time, Since 2000! Text of Bailout Bill: Read The Latest Draft. Update: bill fails , Pelosi to blame « Sooshi Soo; Senate To Vote On New Wall Street Bailout Bill, Link To Text In this Post. …[Continue Reading] [...]

  3. snowy egret
    October 2, 2008 - 10:32 AM on October 2nd, 2008

    As what the DALEKS from DR WHO would say about the demacratic party EXTERMINATE,EXTERMINATE,EXTERMINATE they are traitors all:-w

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