House coming into session: Here comes the debate on the bailout

[cali]

I'm afraid this is all just a formality. I think it's a done deal that they'll pass this, though not by nearly the kind of margin in the Senate.

One minute speeches now. Peter DeFazio of Oregon speaking. Saying do NOT vote for this.

[cali]

1. Dennis: From the new deal to the raw deal.

[cali]

2. here we go

dealing with Senate amendment about MH coverage.

[halobeam]

3. One minute? How kind to give us a minute for each Representative.

All afraid to take the time to do it RIGHT.

Act now, think later.

repeat.
one minute of time.
act now, think later.




Of course, makes perfect rational sense to the way things happen in govt. Ass backward.

[cali]

4. no. one minute speeches are a tradition in the House. Happes

everyday they're in session. comes right after the prayer and pledge stuff. Now they're starting the debate.

[halobeam]

5. thank you.

I'm more than glad I was mistaken, to say the least.

[cali]

6. Brad Sherman up

blasting the bill and the threats from Wall Street and bushco.

[girl gone mad]

7. yielded..

he'll be back.

[cali]

8. I don't get the lack of interest in this debate

it's important.

[girl gone mad]

9. Nobody cares that we won't have green energy,

universal health care, improved infrastructure for at least a decade if this bill passes.

[OnceUponTimeOnTheNet]

10. I'm watching. Liked the wooden arrows guy.

[girl gone mad]

11. ...

:rofl:

[girl gone mad]

12. Kaptur up!

[cali]

13. Marcy Kaptur still voting no and advocating

for considering other legislation.

[earth mom]

14. Wow-DeFazio just said that? They tried to bribe him with timber payments in the bill...

:wow:

[girl gone mad]

15. They're thugs.

Remember how they got the Medicaid drug coverage passed?

[earth mom]

25. Yep, they are thugs...saying they are helping the people is a bold faced lie.

:grr:

[OnceUponTimeOnTheNet]

16. kick rec.

[cali]

17. Doggett up. No. Says we must draw the line.

[Dover]

41. Doggett is AWESOME. Wish HE would run for president...n/t

[girl gone mad]

18. The campaign commercials are just writing themselves.

"this bill is evil and I am opposed to everything it stands for, but I'm going to vote for it."

[girl gone mad]

19. Kucinich is in rare form.

I can't wait until he gets more time.

[cali]

20. Dennis up talking about the 90 year old woman who shot herself

because she was about to be evicted.

[xiamiam]

33. expect more of this if they pass this bill..

[earth mom]

21. I LOVE Kucinich!

:yourock:

[cali]

22. DeFazio is on fiire!

really tearing into this bill.

[girl gone mad]

23. Laying it all out there.

[cali]

24. he was really great.

not sure where Jackson-Lee is at.

[girl gone mad]

26. I'm liking LaTourette..

Says it's a full 700B w/ uncheked powers to Paulson, there's no leverage for congress to change the bill later.

[cali]

27. He's a wingnut asshole- but he's right on this.

[slipslidingaway]

51. OT Kucinich And LaTourette - Financing of Infrastructure Repair

http://www.commondreams.org/news2008/0117-21.htm

Introduced for the last five or six years.

[girl gone mad]

28. David Dreier is an idiot.

"I'm voting no to all of the bad things in the bill and yes to the good things"

:crazy:

[Habibi]

30. I know--I had a hard time figuring him out!

[girl gone mad]

50. Pete Stark was eloquent. n/t

[cali]

29. 15 minute vote on the amendment

C-Span taking phone calls.

[Waiting For Everyman]

31. I'm afraid it's a done deal too. This is so wrong.

DeFazio's plan should've been tried first. Everything about this is wrong. The credit crunch is so fake too.

We're going to have to nationalize these banks to get anything done.

[cali]

32. Frightening and depressing that this looks to pass

I don't know if the credit crisis is fake, but even if it's real, this is not the answer.

[barbtries]

36. agreed.

i'm feeling kinda sad right now. apparently they just will not consider any better ideas, though there are plenty of them out there.

[girl gone mad]

39. Yeah, me too.

Bush still gets his way, even with record unpopularity and a party that won't speak his name.

[Bodhi BloodWave]

38. No idea if its real or fake but i can say this

A fair number of politicians in Norway are treating it as serious, so does a fair number of economists
which to me points toward there being atleast 'some' truth behind the claims

[Habibi]

34. Ack! They're voting already??

[cali]

35. no, no, no. just procedural shit.

[Habibi]

37. Thanks--c-span dude 'splained that after my panic post. :-)

[Waiting For Everyman]

40. How does this have any impact on liquidity?

I haven't heard any explanation of that which makes sense. Getting the FDIC to certify valuation would do whatever can be done for free.

[cali]

42. Wall Street up on expectations this will pass

up 169

[kentuck]

43. They are attempting to get a feel for the "real" vote to come...

Personally, I think this money could be better spent. The banks would still end up with most of the money but not directly.

[girl gone mad]

44. Listening to the calls on C-Span

A lot of people supporting the bill are elderly folks who are losing money in the markets. I do hope that this will bring the markets up long enough for them to get their money out.

[cali]

45. Blunt up. Bill has improved, blah, blah, blah, situation dire

blah, blah, blah.

[slipslidingaway]

46. Thanks for the thread, DeFazio video...

http://www.c-spanarchives.org/library/vidLink.php?b=1223042293&e=1223042593&n=1

[slipslidingaway]

47. Link, speeches from today...

http://www.c-spanarchives.org/congress/?q=node/77539&hors=h#

[cali]

48. Pete Stark urging a no vote up now.

[cali]

49. Coble repuke from NC sounds like he's changing his tune and will

go from no to yes.

[slipslidingaway]

52. Rep. Nunes (R)...there are other plans

[cali]

53. Wam with a bizarre little rant about how he hates himself for switching

his vote from no to yes.

[girl gone mad]

56. If I had a billion dollars..

for every Republican that thinks this bill is the worst thing to happen to America but is voting for it anyways, I'd have enough to bailout Wall St.

[cali]

54. Brad Sherman really hitting the terrible pieces of this bill.

[slipslidingaway]

55. Sherman - vote no, we stay in town and write a good bill n/t

[girl gone mad]

57. Sherman up again.

"It's a bill to buy toxic assets from London, Saudi Arabia and Beijing"

[Eyerish]

58. I've never..

been so ashamed of my elected officals as I am today.... This is a travesty if it passes...
This time they know they are being hijacked and are still going along with it. It's like they've all got Stockholm Syndrome
I'm just glad that there are people like DeFazio, Kaptur and Kucinich who really do care for us.

*edited for typo*

[slipslidingaway]

59. Welcome to DU...

"This time they know they are being hijacked and are still going along with it."

:(

[BelgianMadCow]

61. Welcome to DU Eyerish!

Stockholm ever since Anthrax if you aks me...

[slipslidingaway]

60. Ron Paul video, he thinks this bill will make things worse...

http://www.c-spanarchives.org/library/vidLink.php?b=1223050850&e=1223051450&n=1

[cali]

62. Pelosi up. man, I really can't stand her affect.

[BelgianMadCow]

63. She enumerates the improvements

I'm not convinced. Today, America is choosing inflationary or deflationary recession. That is all.