Caw!

Voinovich is going to hear about it, that is for certain. Ohio unemployment is expected to hit 8.7% next year, and after DHL pulled anchor and sailed away, if places like Lordstown fold, Ohio goes a deeper shade of blue in 2010.

Kill America? Hurt it, sure, but not kill it. Kill the Republican Party for a generation is more like it.

I think I can still detect a slight pulse [in America’s car companies].

It’s the very weak ‘heartbeat of America’.
It appears Republicans want to kill America.

700 billion dollars was given directly to the financial sector, another 7 trillion or so was used by the Fed to support the financial sector, and the banks and brokerages used that money to give themselves 70 billion dollars in bonuses for wrecking the economy. But twenty-five billion to save 3 million jobs and a major industry? Forget it.

but don’t you dare say there is class warfare in America unless you’re talking about supporting progressive taxation.

house rules committee had an emergency meeting today at 12:45 pm.
rule H.RES. 1534 was reported out.

H.R. 7321 – Auto Industry Financing and Restructuring Act (has not been posted yet on thomas, expected link will be: HR 7321)

1. Structured rule.

2. Provides one hour of debate equally divided and controlled by the chairman and ranking minority member of the Committee on Financial Services.

3. Waives all points of order against the bill and against its consideration.

4. Provides that the bill shall be considered as read.

5. Provides that the amendment printed in the Rules Committee report shall be in order if offered by Rep. LaTourette or his designee.

6. Provides that the amendment made in order shall be considered as read, shall be separately debatable for 10 minutes equally divided and controlled by the proponent and an opponent, and shall not be subject to a demand for a division of the question.

7. Waives all points of order against the amendment printed in the report.

8. Provides one motion to recommit with or without instructions.

9. Provides that, notwithstanding the operation of the previous question, the Chair may postpone further consideration of the bill to a time designated by the Speaker.

SUMMARY OF AMENDMENT TO BE MADE IN ORDER
(summary derived from information provided by sponsor)

1. LaTourette(OH)/Greene(TX): The amendment requires that any lending assistance provided under TARP or EISA to an insured depository institution shall report the amount of any increase or decrease in new lending attributed to the TARP or EISA assistance. If the institution cannot provide an accurate report, the institution shall report the total amount of increase or decrease in overall new lending in its quarterly reports.

from today’s floor summary:

at 5:29pm, the vote on H RES 1534 was delayed and then at 6:12pm, passed 225 to 179.

debate on H.R. 7321 began at 6:17pm.