Here is the revised UAW bailout bill; possible vote Saturday
On Monday, it was 31 pages. It’s grown by 6 pages. Reading through it now.
***
And from discussion this morning on the Senate floor about the timing of the vote:
Senator Reid: (10:32 AM)
Today –We will have morning business until 12:30 PM.
From 12:30 PM to 2:15 PM we will stand in recess.
Spoke on the auto bailout bill.
SUMMARY “i understand, in fairness, that all parties — democrats and republicans — deserve the opportunity to study this bill. it’s about 25 pages long, as i understand it. but even though we have some speed readers in the senate, they still need time to study this. in speaking with various senators today, it appears pretty clear that the minority, the republicans, are not going to move forward on this unless there’s a lot of opportunity to study this legislation. therefore, it appears unlikely that we’ll be able to have a vote on this today”
SUMMARY “i will have it here. we will file the necessary motions on that, which would mean that we would have a cloture vote on friday on a motion to proceed to it”
SUMMARY “we would have that cloture vote early friday morning, maybe as early as 9:00. if we did that, then the second vote would not take place until saturday afternoon at about 3:00, give or take a little bit of time. and then everyone can do the math just as well as i can, the next vote would probably take place around 9:00 on saturday”
Senator McConnell: (10:37 AM)
Spoke on the auto bailout bill.
SUMMARY “we haven’t been able to get a copy of the bill that we believe represents an agreement that’s been reached between congressional democrats and the white house on the automobile package. until we get the actual bill and can read it, it’s unrealistic to expect — i can ask my members to advance consideration of the bill forward — until we know what’s in it. so as soon as we can have a look at it, wile a be having a conference today”
Senator Reid: (10:40 AM)
Responded.
SUMMARY “i totally understand what the republican leader is saying. if i were in his place, i would do the same thing. it’s not fair to ask that we move forward on this legislation without people having the opportunity to read it and study it and talk to others about what’s in it. i would hope, though, after we get the legislation that we can work something out to expedite the procedural matters in this”
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Still no dollar amount. 15 billion? RIIIGGGHHHHTTTT
My bailout for them would be only on 2 pages:
Page 1) The Cover Page
Page 2) (two words alone on the page) Chapter Eleven
end.
Ok three things bad…..1. Appointment of a federal Government assignee to oversee this mess? Are you nuts?
2. Inclusions of articles and requirements for fuel efficiency and model modifications based on the Congress’ whim? Are you nuts?
3. Involvement of the Department of Energy… you do know who the designate is, don’t you? Are you nuts?
I’m just getting started. Bankruptcy now, filibuster NOW!
Read the bill? I didn’t know they did that in Congress.
Translation: “once you have the bill and can determine how best for us to jawbone/bribe your center left minority members, we can move quickly, behind closed doors and out of earshot of the public and the ‘extreme right wing’ members of your party, to add more $ for earmarks and for the unions, then ram this through before the public can bitch and moan about it”.
Honey, Have you seen my glasses?
“but hey, we’re in control so tough sh@#. Besides, what’s fair only applies to liberals.”
Just finishing Harry’s thought.
Why didn’t they have all these conditions for the 700 Billion dollar bailout (The Big One) of the Financial and Insurance institutions?
Part of the reason the auto manufacturers are going broke is all the “fuel” efficiency, “green” and “safety” requirements legislated into each vehicle.
I wouldn’t have worried about the environmentalists in this bill. If the Big 3 go under, there won’t be a need to worry about how “green” or fuel efficient each car is.
A car czar? That’s nothing but a dictator. From where do we get such fools? (I know, we keep electing them).
I think this picture sums it all up quite nicely warning – some not nice words are used…
Other than telling Congress that they didn’t comply, I don’t see any penalty provisions for failure to complete and/or submit a plan. Actually, it only requires that Congress be notified if a viable plan can’t be approved/agreed on. No provision for failure to submit a plan.
And I’m completely missing the point of authorizing judges a raise in 2009. What the hell does that have to do with it.
Payola? This is all clearly unconstitutional.
I think it’s recently been called “Pay for Play”?
W.A.S.S.
* We Are So Screwed
Again and again and again…