H.R. 1424: To amend section 712 of the Employee Retirement Income Security Act of 1974, section 2705 of the Public Health Service Act, section 9812 of the Internal Revenue Code of 1986 to require equity in the provision of mental health and substance-related disorder benefits under group health plans, to prohibit discrimination on the basis of genetic information with respect to health insurance and employment, and for other purposes.

451 PAGES, up from the H.R. 3997’s 110 and the original’s 3.

Senators Voting “Nay” on Federal Intervention in the Financial Markets: Wednesday, Oct. 1, 2008:
Sen. Wayne Allard (R-CO), Sen. John Barrasso (R-WY), Sen. Sam Brownback (R-KS), Sen. Jim Bunning (R-KY), Sen. Maria Cantwell (D-WA), Sen. Thad Cochran (R-MS), Sen. Mike Crapo (R-ID), Sen. Jim DeMint (R-SC), Sen. Elizabeth Dole (R-NC), Sen. Byron Dorgan (D-ND), Sen. Michael Enzi (R-WY), Sen. Russ Feingold (D-WI), Sen. James Inhofe (R-OK), Sen. Tim Johnson (D-SD), Sen. Mary Landrieu (D-LA), Sen. Bill Nelson (D-FL), Sen. Pat Roberts (R-KS), Sen. Bernie Sanders (I-VT), Sen. Jeff Sessions (R-AL), Sen. Richard Shelby (R-AL), Sen. Debbie Stabenow (D-MI), Sen. Jon Tester (D-MT), Sen. David Vitter (R-LA), Sen. Roger Wicker (R-MS), Sen. Ron Wyden (D-OR)

Official roll call for vote number 213.

Both of the senators from the state of New Jersey where I am a resident voted in the affirmative. They’ve already received emails indicating my displeasure with their actions.

To Frank Lautenberg:

I am disappointed by your vote in the affirmative on H.R. 1424. I will be doing what I can to to assure you are not reelected in November.

“We will not let this economy fail” -Senator Reid
“This bill creates jobs here at home.” -Senator Reid
“Inaction is not an option.” -Senator Reid
“America I hope saw  Congress, the United States Senate, acting as the forbearers and the Founders intended it to act.” -Senator Dodd

http://www.nytimes.com/…

The Bush administration on Saturday formally proposed to Congress what could become the largest financial bailout in United States history, requesting unfettered authority for the Treasury Department to buy up to $700 billion in mortgage-related assets.

The proposal, not quite three pages long, was stunning for its stark simplicity. It would raise the national debt ceiling to $11.3 trillion. And it would place no restrictions on the administration other than requiring semiannual reports to Congress, granting the Treasury secretary unprecedented power to buy and resell mortgage debt.

A $700 billion expenditure on distressed mortgage-related assets would be roughly what the country has spent so far in direct costs on the Iraq war and more than the Pentagon’s total yearly budget appropriation. Divided across the population, it would amount to more than $2,000 for every man, woman and child in the United States.

“This is a good foundation of a plan that can stabilize markets quickly,” Mr. Schumer said in a statement. “But it includes no visible protection for taxpayers or homeowners. We look forward to talking to Treasury to see what, if anything, they have in mind in these two areas.”

In Florida, Senator Barack Obama of Illinois, the Democratic presidential nominee, said he would press for a broader economic stimulus initiative to be part of the bailout plan for financial firms.

Senator John McCain of Arizona, the Republican nominee, issued a statement on Saturday saying he was reviewing the administration’s plan. He also urged the administration and lawmakers to consider his own plan for creating a trust within the Treasury Department to aid ailing mortgage lenders and other financial institutions.

Senator Mitch McConnell of Kentucky, the Republican leader, said in a statement: “This proposal is, and should be kept, simple and clear.” He added, “Simply put, now is not the time for partisan plans or pet projects.”

Some Democrats, including lawmakers like Mr. Frank and Senator Christopher J. Dodd, Democrat of Connecticut and the chairman of the banking committee, were adamant about including provisions to promote government action to stabilize real estate prices and help troubled borrowers refinance their mortgages.

Still another group of Democrats was pushing for a wider stimulus package that would direct help more directly and immediately to Main Street, perhaps including an increase in unemployment benefits and investments in infrastructure projects, including bridges and roads, that would help to create jobs.

A fourth, smaller group of lawmakers was highly critical and in some cases adamantly opposed to the plan. That group included including Senator Jim Bunning, Republican of Kentucky, and Senator Bernard Sanders, independent of Vermont.

“The free market for all intents and purposes is dead in America,” Mr. Bunning declared on Friday. “The action proposed today by the Treasury Department will take away the free market and institute socialism in America. The American taxpayer has been misled throughout this economic crisis. The government on all fronts has failed the American people miserably.”

COME ONE, COME ALL! FREE MONEY! FREE FASCISM! ALL YOU CAN CARRY!

I have to laugh because otherwise I may cry.

http://www.lewrockwell.com/…

Sept. 9 (Bloomberg) — Senator Jim Bunning said Treasury Secretary Henry Paulson, by rescuing Fannie Mae and Freddie Mac, is acting like China’s finance minister and both Paulson and Federal Reserve Chairman Ben S. Bernanke should step down.“I sincerely believe that Henry Paulson and Ben Bernanke should resign,” said Bunning, a Republican from Kentucky on the Senate Banking Committee. “They have taken the free market out of the free market.”

Paulson and the federal regulator for Fannie and Freddie placed the two largest U.S. mortgage-finance companies in a government-operated conservatorship on Sept. 7, ousting their chief executives and eliminating their dividends. Treasury also may purchase up to $200 billion of stock in the firms to keep them solvent.

“We no longer have a free market in the United States, we have a government controlled free market,” Bunning said in an interview. Paulson, a former chief executive officer of Goldman Sachs Group Inc., “is acting like the minister of finance in China.”

Bunning, 76, criticized Paulson’s successful effort in July to obtain congressional authority to pump unlimited amounts of money into Fannie and Freddie to keep them afloat.

“When I picked up my newspaper yesterday, I thought I woke up in France. But no, it turned out it was socialism here in the United States,” he told Paulson at a July 15 Senate Banking Committee hearing.

Back in July, Bunning called for the Fed’s “monetary policy responsibility” to be “taken away”.

Bunning is a little late to the party and a little off but it sounds a lot better than a lot of those criminals in DC are saying.