The Whole Delivery

It's Saturday, that's mean Luda! Ludacris - saturday oooh! oooh! by LilQ All day coverage of what I have heard so far has been a (expletive) show , including the Republicans wanting the Stupak Amendment (surprise!). Mary Landrieu got her two seconds of headlines today for doing a technically un-headline thing that should have been done a while ago. And she still hates the current Senate bill, by the way. You can also go here and here for all day coverage....but you probably have been well on those sites before my obviously late post here.

Yup....let's keep moving on.

Well, the Senate passed it tonight. Their version that is. : The Senate on Wednesday night passed a sweeping and controversial financial bailout similar in key ways to one rejected by the House just two days earlier. The measure was passed by a vote of 74 to 25 after more than three hours of floor debate in the Senate. Presidential candidates Sens. Barack Obama, D-Illinois, and John McCain, R-Arizona, voted in favor. Here are some of the highlighted, "key" provisions : The underlying legislation would: Authorize $700 billion for the government to purchase troubled assets and buy equity in distressed financial firms. Require the Treasury Department to make rules to prevent excessive compensation for executives whose companies benefit from the rescue, and cap deductibility of executives' pay packages at $500,000 for firms that get $300 million or more from the program. Establish an oversight board for the program, a special investigator general to monitor it a...