Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

The Text of the So-Called "Bail Out Bill"
Senate Conservative Fund ^ | October 1, 2008 | Senate Conservatives Fund

Posted on 10/01/2008 4:43:52 PM PDT by caper gal 1

Here are some of the special-interest provisions that are now part of the Wall Street bailout legislation. The bill started at 3 pages, grew to 106 pages, and is now 451 pages.

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) 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)

Text of the Bail Out Bill

http://senateconservatives.com/2008/10/01/text-of-wall-street-bailout/


TOPICS: Breaking News; Government; News/Current Events
KEYWORDS: 110th; bailout; bailoutbill; earmarks; failout; federalspending; pork; rats; rinos; spartansixdelta; wallstreet
Navigation: use the links below to view more comments.
first 1-5051-100101-123 next last

1 posted on 10/01/2008 4:43:53 PM PDT by caper gal 1
[ Post Reply | Private Reply | View Replies]

To: PAR35; bamahead; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; Roy Tucker; GOPJ; ..
Oink oink!

. . . . .

The Money, Banking, and Financial Markets Ping List.

FR Keyword: moneylist

This can be a high-volume ping list at times.

To join, send Freepmail to rabscuttle385.

2 posted on 10/01/2008 4:45:01 PM PDT by rabscuttle385 (May God save the Republic and her citizens.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: caper gal 1
My plea to "The One True GOD!" not the faker Nobama, let McCain just be giving the democRATs a headfake on this bill and vote NO in the end.

If he votes yes to all of this bacon he is finished.

3 posted on 10/01/2008 4:47:36 PM PDT by bayliving (Democrats used to be funny. Now they're just plain dangerous.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: caper gal 1

What is wrong with these people?
I’d like to see a list, of every tax break, every new tax, etc. on this titanic-bill and who sponsored it.

I want to know who proposed the arrows?
What does that have to do with the mortgage fraud/bad loans?


4 posted on 10/01/2008 4:49:01 PM PDT by machogirl (i)
[ Post Reply | Private Reply | To 1 | View Replies]

To: caper gal 1
"Wooden Arrows designed for use by children"

You're kidding!?!

If that is in the bill, it is good enough reason to vote "No."

5 posted on 10/01/2008 4:49:05 PM PDT by Uncle Miltie (Bushonomics: Privatize Gains, Socialize Losses)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bayliving

Absolutely right. 75% of the electorate HATE this bill. He would secure the presidency if he votes against this...but he won’t.

I truly wonder how he’s lasted this long in Congress. A smart politician would vote NO on this bill.


6 posted on 10/01/2008 4:49:54 PM PDT by woweeitsme
[ Post Reply | Private Reply | To 3 | View Replies]

To: Uncle Miltie

unfortunately that is true.


7 posted on 10/01/2008 4:50:11 PM PDT by machogirl (i)
[ Post Reply | Private Reply | To 5 | View Replies]

To: caper gal 1
 http://senateconservatives.com/2008/10/01/text-of-wall-street-bailout/
8 posted on 10/01/2008 4:50:41 PM PDT by vigilante2 (Thank You Troops)
[ Post Reply | Private Reply | To 1 | View Replies]

To: caper gal 1

WTH!!! Now I am REALLY ticked! They think we are really, really stupid. If McCain votes for this, I will not vote for him and I have emailed his office and told them. I don’t think he really wants to win.


9 posted on 10/01/2008 4:51:03 PM PDT by nobama08
[ Post Reply | Private Reply | To 1 | View Replies]

To: caper gal 1; B4Ranch

Yep, and Jorge will probably sign it if it contains enough funds to appease his euro buddies. Hey, the lamestream has been talking-pointing how the bailout didn’t have enough for main street (read: free lard for the “insert downtrodden underclass of choice”).


10 posted on 10/01/2008 4:51:38 PM PDT by glock rocks ( Looters will be shot.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: caper gal 1

By Michelle Malkin • October 1, 2008 10:17 AM

Thanks to the Senate Conservatives Fund for posting the 451-page bailout behemoth here.

Crap sandwich redux.

Call your Senator: 202-224-3121.

***

A few of the earmarks stuffed in the 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)

***


11 posted on 10/01/2008 4:51:49 PM PDT by Bushbacker1 (Kill 'em til they're dead, then kill 'em again!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: caper gal 1

The nerve of these gdamn people. Time for a march on Washington to take our country back.


12 posted on 10/01/2008 4:52:34 PM PDT by NoobRep
[ Post Reply | Private Reply | To 1 | View Replies]

To: rabscuttle385; Abathar; Abcdefg; Abram; Abundy; akatel; albertp; AlexandriaDuke; Alexander Rubin; ..
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) 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)



Libertarian ping! Click here to get added or here to be removed or post a message here!
13 posted on 10/01/2008 4:54:55 PM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
[ Post Reply | Private Reply | To 2 | View Replies]

To: caper gal 1

TWF?!?!?

This ain’t a crap sandwich. It’s a pulled-pork foot-long with extra-hot diarrhea sauce.

How does an emergency bill in order to avert an overnight collapse of the american way of life and of mom & apple pie get wool research, car racing and wooden arrows for children?

Are you F’ing kidding me?!? Are you kidding me!!?!


14 posted on 10/01/2008 4:56:35 PM PDT by sanchmo
[ Post Reply | Private Reply | To 1 | View Replies]

To: machogirl

“What is wrong with these people?”

Tactically, they are giving House members “outs” to reject the bill openly, and that the public will understand because they will hear jokes about them through comedians.


15 posted on 10/01/2008 4:57:44 PM PDT by Shermy
[ Post Reply | Private Reply | To 4 | View Replies]

To: rabscuttle385

Do you like your bacon floppy or crispy, sir?


16 posted on 10/01/2008 4:58:04 PM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
[ Post Reply | Private Reply | To 2 | View Replies]

To: caper gal 1
Also, if this is such an EMERGENCY that has to be addressed RIGHT NOW then what is with all the pork?

I have never seen a group of politicians so ADDICTED TO OUR MONEY BEFORE IN MY LIFE!!!

What part of IT'S NOT YOUR DAMN MONEY TO SPEND OR EARMARK don't they f**king understand?!?! I am sick and damn tired of these idiots.

They are such blood sucking vampires!

Sorry for yelling but I am really cheesed off here. (can't you tell?)

17 posted on 10/01/2008 4:58:56 PM PDT by bayliving (Democrats used to be funny. Now they're just plain dangerous.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bamahead
Do you like your bacon floppy or crispy, sir?

If only it were bacon.

Tonight, McCain and Obama will come together to serve the taxpayer and the citizen an oversized turd, fresh, hot, and steaming, with flies and everything.

18 posted on 10/01/2008 4:59:43 PM PDT by rabscuttle385 (May God save the Republic and her citizens.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: caper gal 1
The bill started at 3 pages

I'm pretty sure that isn't accurate. Correct me if I'm wrong, but I think all bills are preceded by an overview of a few pages in length.
19 posted on 10/01/2008 5:00:16 PM PDT by MitchellC
[ Post Reply | Private Reply | To 1 | View Replies]

To: NoobRep
The nerve of these gdamn people. Time for a march on Washington to take our country back.

They are going to get away with this. Incumbents will pass this steaming pile and they will get reelected and will go down as heroes for saving us all from catastrophe for a while longer.
20 posted on 10/01/2008 5:00:20 PM PDT by Arkinsaw
[ Post Reply | Private Reply | To 12 | View Replies]

To: Uncle Miltie

Oct. 1 (Bloomberg) — Rose City Archery Inc., an Oregon company that makes arrows used by children, hit a bull’s-eye with Senate legislation that would rescue Wall Street banks.

Senators attached a provision repealing a 39-cent excise tax on wooden arrows designed for children to an historic $700 billion bank rescue that is likely to pass tonight. The provision, originally proposed by Oregon senators Ron Wyden and Gordon Smith, will save manufacturers such as Rose City Archery in Myrtle Point, Oregon, about $200,000 a year.

http://news.yahoo.com/s/bloomberg/20081001/pl_bloomberg/akd0vygn8l2k_1


21 posted on 10/01/2008 5:00:47 PM PDT by Shermy
[ Post Reply | Private Reply | To 5 | View Replies]

To: rabscuttle385

Can I at least get some ketchup?


22 posted on 10/01/2008 5:01:48 PM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
[ Post Reply | Private Reply | To 18 | View Replies]

To: Arkinsaw

Feinstein said out of the 95,000 calls to her office, 85,000 have said NAY.


23 posted on 10/01/2008 5:02:12 PM PDT by NoobRep
[ Post Reply | Private Reply | To 20 | View Replies]

To: caper gal 1

Looks like the bill is still just 3 pages with 448 pages of unrelated goodies to grease its passage.


24 posted on 10/01/2008 5:02:23 PM PDT by count-your-change (You don't have be brilliant, not being stupid is enough.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: NoobRep
Feinstein said out of the 95,000 calls to her office, 85,000 have said NAY.

Hate to hack anybody off, but I am back off the bandwagon. I am not voting for ANYBODY for President who votes for this crap.
25 posted on 10/01/2008 5:03:34 PM PDT by Arkinsaw
[ Post Reply | Private Reply | To 23 | View Replies]

To: caper gal 1; All

Who’s got McCain’s email address to post here?


26 posted on 10/01/2008 5:04:41 PM PDT by Brad's Gramma (Typical Whitey Gramma just like Obamies!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: caper gal 1
Drudge: BAILOUT BILL NOW LENGTH OF NOVEL

Here's another novel that's very apropos.


27 posted on 10/01/2008 5:06:02 PM PDT by TheWasteLand
[ Post Reply | Private Reply | To 1 | View Replies]

To: Uncle Miltie

It’s true, sadly. If I remember correctly, it’s in Section 503, or thereabouts... around page 260-something of the 400-plus page manifesto.


28 posted on 10/01/2008 5:07:52 PM PDT by onemiddleamerican
[ Post Reply | Private Reply | To 5 | View Replies]

To: TheWasteLand

Who is John Galt?

We need to become John Galt.


29 posted on 10/01/2008 5:09:15 PM PDT by Unknowing (Now is the time for all good men to come to the aid of their country.)
[ Post Reply | Private Reply | To 27 | View Replies]

The outrage here is pretty funny. Howcome it didn't emerge last week?

The Senate passed this "pork" bill 93-2, one week ago

See H.R.6049 - Energy and Tax Extenders Act of 2008 and its associated Senate Roll Call Vote No. 205.

30 posted on 10/01/2008 5:10:04 PM PDT by Cboldt
[ Post Reply | Private Reply | To 1 | View Replies]

To: NoobRep

No, it’s really much simpler than a march. This is about money; more specifically the hunger of the government for OUR money.

Solution: enough people march into their human resources department in the morning and jack up their exemptions to essentially eliminate sending any further income tax from their pay-checks to the swines. Done, simple and sweet.

OK, you nay-sayers.....they-re gonna attempt to prosecute millions? Uh-huh....right.


31 posted on 10/01/2008 5:10:09 PM PDT by nesnah (Expression with an attitude - http://www.polistic.com)
[ Post Reply | Private Reply | To 12 | View Replies]

To: NoobRep
Feinstein said out of the 95,000 calls to her office, 85,000 have said NAY.

McCain is on the wrong side of this and could have picked up the votes of all those disgruntled people (Ds and Rs). McCain has to shown he has large brass balls against Barry's tiny ACORNS.

32 posted on 10/01/2008 5:11:18 PM PDT by SERKIT ("Blazing Saddles" explains it all.....)
[ Post Reply | Private Reply | To 23 | View Replies]

To: TheWasteLand

Funny you should say that - I felt the need to re-read “Atlas Shrugged” again this week.


33 posted on 10/01/2008 5:12:44 PM PDT by caper gal 1
[ Post Reply | Private Reply | To 27 | View Replies]

To: MitchellC
-- I think all bills are preceded by an overview of a few pages in length. --

Standard preamble is about half a page. The bill was originally 3 pages of text from Paulson - it probably would have run 10-20 pages in Congressional big print. The House-rejected bill was 103 pages. The Senate bailout runs 113, plus the text of recently passed H.R.6049 added to that makes up the total roughly 500 pages of the Dodd substitute amendment.

34 posted on 10/01/2008 5:13:20 PM PDT by Cboldt
[ Post Reply | Private Reply | To 19 | View Replies]

To: nobama08
If McCain votes for this

Now that I think about it, didn't McCain say that there was a bunch of unrelated crap in the original "proposal" that Paulson and his buddies concocted and proposed in that White House meeting last weekend; and that's why he wouldn't go for it?

If he goes for this trough filled with sewage, the MSM will really rub his nose in it. Not to mention how pissed off the majority of America will be with him.

I guess, though, if he and Osama both vote for it, that might negate any loss of support that either one would suffer from their base. Not that either one gives a damn, anyway.

35 posted on 10/01/2008 5:14:31 PM PDT by onemiddleamerican
[ Post Reply | Private Reply | To 9 | View Replies]

To: Shermy

Pop culture News for the “pop culture” masses.


36 posted on 10/01/2008 5:16:09 PM PDT by machogirl (i)
[ Post Reply | Private Reply | To 15 | View Replies]

To: caper gal 1

I just sent hot messages to my Senators regarding this piece of fetid tripe. This thing stinks from all the pork and special interest crappola.

Ridiculous...


37 posted on 10/01/2008 5:16:43 PM PDT by PubliusMM (RKBA; a matter of fact, not opinion)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Brad's Gramma

Here’s a link to the contact page on McCain’s campaign website:

http://www.johnmccain.com/Contact/


38 posted on 10/01/2008 5:16:43 PM PDT by caper gal 1
[ Post Reply | Private Reply | To 26 | View Replies]

To: SERKIT
McCain has to shown he has large brass balls against Barry's tiny ACORNS.

LOL! He certainly squandered the opportunity the night of the first debate.
39 posted on 10/01/2008 5:17:44 PM PDT by CottonBall
[ Post Reply | Private Reply | To 32 | View Replies]

To: caper gal 1

Republicans have been played. They needed to come up with something that put responsibility/cost back on financial institutions immediately. They waited too long. Something was going to be passed and now it will be laden with pork.
Americans are blaming them for the stock market drop Monday. They have been saying they are “working on something”. They didn’t get something out. They didn’t name names for the most part.
So now they are d@mned by the base if they vote yes and d@mned by America for the potential disaster the Democrats originally caused. Mark my word if nothing passes things will appear to get bad real quick and those Democrats like Buffett that can afford to play around will ensure it.


40 posted on 10/01/2008 5:18:37 PM PDT by nclaurel (I think therefore I vote Republican.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: caper gal 1

I’ve re-read it in the last month as well. Although, I must confess to skipping the 75 page Galt speech...again ;)


41 posted on 10/01/2008 5:18:57 PM PDT by TheWasteLand
[ Post Reply | Private Reply | To 33 | View Replies]

To: nesnah

Now, I’m just a lawyer so I don’t know much about these things, but — filing our income tax returns is voluntary. A gift or bequest to the United States Treasury. You see, looters prefer voluntary victims.


42 posted on 10/01/2008 5:18:58 PM PDT by Unknowing (Now is the time for all good men to come to the aid of their country.)
[ Post Reply | Private Reply | To 31 | View Replies]

To: NoobRep
Feinstein said out of the 95,000 calls to her office, 85,000 have said NAY.

Wow. And I figure that Dems usually either lie or don't mention their constituent's responses at all.
43 posted on 10/01/2008 5:19:09 PM PDT by CottonBall
[ Post Reply | Private Reply | To 23 | View Replies]

To: machogirl

How in the hell can anyone vote for this? 451 pages? They purposely word it so the average tax payer can not decipher what this bill is actually asking of us!

Thank God, some people have been cramming to read all of this BS BAILOUT BILL and has translated it for the rest of us!

How can McCain vote for this? Isn’t he the “anti-pork” candidate? Didn’t he call Obama out during the last debate for the $900 million he had earmarked?

Can we just write in Palin as a candidate? Forget McCain! He is blowing it! This should be so easy for him. He’s not naming names like Dodd, Frank, Clinton, Gorelick, Raines, etc. He is not bringing up Obama’s payout from Fannie / Freddie, ACORN ties, Wright and Ayers, Iran a tiny country, etc etc!

There is so much that Republicans can do to out this candidate and the people who are at fault for our economic crisis, yet, they choose to take the high road. Why? Dems and the media hate you, why are you trying to be fair? They sure as hell aren’t playing fair!!!


44 posted on 10/01/2008 5:19:24 PM PDT by sociallyunacceptable (Charlie's tax problem)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Brad's Gramma; B4Ranch; Pete-R-Bilt; tubebender; NormsRevenge; Squantos; Eaker
Who’s got McCain’s email address to post here?

Why would McCain want to listen to anything a conservative has to say? He's stated his opinion... public sentiment must be ignored to get this crap sandwich passed. That "public" would be you. Didn't the president make you fearful? Doesn't the media make you tremble? Get in line, this is a fait accompli, and you should be prepared to pay for it.

Don't you want some nice Oregon wooden children's arrows? How about a new race track? Malcontent.

45 posted on 10/01/2008 5:19:34 PM PDT by glock rocks ( Looters will be shot.)
[ Post Reply | Private Reply | To 26 | View Replies]

To: bamahead; Slings and Arrows; martin_fierro; MeekOneGOP; Daffynition; Darksheare; Lakeshark; ...


SUCKING SOUNDS


46 posted on 10/01/2008 5:19:34 PM PDT by Lady Jag (Donate to FR anytime at https://secure.freerepublic.com/donate)
[ Post Reply | Private Reply | To 13 | View Replies]

To: rabscuttle385

SEC. 112. COORDINATION WITH FOREIGN AUTHORITIES
12 AND CENTRAL BANKS.
13 The Secretary shall coordinate, as appropriate, with
14 foreign financial authorities and central banks to work to15
ward the establishment of similar programs by such au16
thorities and central banks. To the extent that such for17
eign financial authorities or banks hold troubled assets as
18 a result of extending financing to financial institutions
19 that have failed or defaulted on such financing, such trou20
bled assets qualify for purchase under section 101.”

Do we really want to give the Sec. Treas. authority to “coordinate” with foreign authorities and banks without any oversight?

This is just plain insane.


47 posted on 10/01/2008 5:20:06 PM PDT by vharlow (http://www.harlowhome.com)
[ Post Reply | Private Reply | To 2 | View Replies]

To: caper gal 1

http://www.selfgovernment.us


48 posted on 10/01/2008 5:20:24 PM PDT by EternalVigilance (As long as evil men will war, good men must war as well, else darkness cover all the earth.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bayliving

To paraphrase McCain I would rather lose the election than lose free markets.


49 posted on 10/01/2008 5:21:15 PM PDT by omega4179 (No Commie Bailouts! Paulson will be on Wall st in 4 months.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Lady Jag

PRICELESS..LOL and AMEN


50 posted on 10/01/2008 5:21:19 PM PDT by MEG33 (God Bless Our Military)
[ Post Reply | Private Reply | To 46 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-100101-123 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson