way to go Mr. Dodd. you stay classy.

....f*cking asshat.....

I'm just about speechless. Dodd took a shiatty idea, and actually made it shiattier.

Sweet Jesus... is tar and feathering still an option?

Nabb1: I'm just about speechless. Dodd took a shiatty idea, and actually made it shiattier.

So Lewis Black was right!

Throwing away all that good will from delaying a vote on the telecom immunity the first time.
Lot of good that did too.

legendary: Throwing away all that good will from delaying a vote on the telecom immunity the first time.
Lot of good that did too.

Couldn't have said it better myself. What a freaking disappointment.

Anyone know if he's up for reelection? When the Democrats sweep, Lieberman's going to quickly become irrelevant. I'm thinking of the seats.

Rev.K - So Lewis Black was right!

Looks that way.

Weaver95: way to go Mr. Dodd. you stay classy.

....f*cking asshat.....

Yup. I said it in another thread about this, but I'll say it again. Dodd and Conrad deserve an investigation, and maybe the loss of their seats. I watched Conrad being interviewed on CNN at one point, and he said he was completely surprised that he got offered a special deal. He really isn't a good liar.

Blues_X: Sweet Jesus... is tar and feathering still an option?

Heat up the tar and fluff up the feathers. I'll bring the angry villagers with pitchforks.

nashBridges: What the fark? The man gets special treatment and then pushes a bill to reward the firm that helped him, then he proposes to pay for it by stealing money from internet users?

WHAT A FARKING DOUCHEBAG!

Not precisely. It will cost financial services and credit card companies mostly. Companies that process over 200 financial transactions electronically per month. But I'm sure that cost will get passed on down to us.

FTA:
Quoting FreedomWorks chairman Dick Armey (former House majority leader) from the article: 'This is a provision with astonishing reach, and it was slipped into the bill just this week. Not only does it affect nearly every credit card transaction in America, such as Visa, MasterCard, Discover, and American Express, but the bill specifically targets payment systems like eBay's PayPal, Amazon, and Google Checkout that are used by many small online businesses. The privacy implications for America's small businesses are breathtaking.'"

Well, someone has to pay for the hookers. Hookers ain't free ya know.

/from NY
//Can't order from NY anymore. Thanks Spitzer
///Tax the internet ftw

Hey. Hey! HEY!!! Shut the FARK up, and PAY YOUR GODDAMNED TAXES!! It's OK when Democrats raise your taxes, because they are doing so in your best interests! Who the hell are YOU to object?? Get back to work and pay your share!

What about the possability that he is just adding a clause that will make every Republican want to veto this bill. I don't think the Dem's want to bail out this firm.

Taxes? All I saw was 'reporting'.

Chris Dodd is an asshole

Lasik: What about the possability that he is just adding a clause that will make every Republican want to veto this bill. I don't think the Dem's want to bail out this firm.

I'd like to believe you but I doubt it.

You can't tax the internet. The internet isn't a truck.

Its a series of tubes.

Diogenes: Not precisely. It will cost financial services and credit card companies mostly. Companies that process over 200 financial transactions electronically per month. But I'm sure that cost will get passed on down to us.

I don't know about you but I already the .40 cents it takes to run my creditcard [visa], per transation, at a lot of places. They are just going to pass the price along to the consumer.

GoldSpider: Hey. Hey! HEY!!! Shut the FARK up, and PAY YOUR GODDAMNED TAXES!! It's OK when Democrats raise your taxes, because they are doing so in your best interests! Who the hell are YOU to object?? Get back to work and pay your share!

The part of the bill that Taxes us was SLIPPED INTO THE BILL. Meaning the people that voted on the bill didn't know it was in there.

Whiskey. Tango. Foxtrot. Have the Democratic leadership secretly converted to the GOP, or something? What the fark is wrong with these people?

GoldSpider: Hey. Hey! HEY!!! Shut the FARK up, and PAY YOUR GODDAMNED TAXES!! It's OK when Democrats raise your taxes, because they are doing so in your best interests! Who the hell are YOU to object?? Get back to work and pay your share!

Someone seems a little frustrated that Fark Democrats will actually hold their own accountable.

Nice try at distraction, though. Really.

Skeptos: Whiskey. Tango. Foxtrot. Have the Democratic leadership secretly converted to the GOP, or something? What the fark is wrong with these people?

NEWSFLASH!
BOTH MAJOR PARTIES ARE CORPORATE WHORES!

/just for different corporations
//and in rare cases of partisan cooperation, the same corps.

Diogenes: Someone seems a little frustrated that Fark Democrats will actually hold their own accountable.

Some certainly do.

Shaggy_C: Taxes? All I saw was 'reporting'.

Others? Not so much.

So independents were like, "vote third party, democrats don't represent your interests any more than Republicans" and then voters were like "nuh-uh, they do too represent my interests and at least they're not filthy Republicans" and then they voted in these bastards who immediately anally raped them with verve. And the same will happen this year.

Remember that song, "Nuke the Whitehouse?"

Diogenes: Someone seems a little frustrated that Fark Democrats will actually hold their own accountable.

Excuse me if I don't hold my breath waiting for more real, actionable outrage from the left when it comes to a tax increase...

DoWhatNowToWhat:The part of the bill that Taxes us was SLIPPED INTO THE BILL. Meaning the people that voted on the bill didn't know it was in there.

"I like to justify the bullshiat actions of my elected representatives by explaining that they're too farking lazy to read what they're actually voting into federal law! Which makes it OK!"

I support this idea actually. We need to tax all those lazy internet users. The internet has ballooned our obesity rates by leting us all get our intertainment by sitting on our butts. In order to counter this we need to tax them so that they get off there butts and do something.

/I really suck at trolling
//now off to RTFA

Isn't this an election year? In the last two or three days, three of the worst bills I've seen since the Dems took Congress have been passed.

There should be no bailouts. Why take money from hardworking people who made sensible financial decisions to give it to fark ups? Makes no sense.

Psychohazard: Isn't this an election year? In the last two or three days, three of the worst bills I've seen since the Dems took Congress have been passed.

Hey, Democrats like Sen. Barack Obama represent change. This is change we can believe in! Who are you to oppose change? What are you, some kind of racist?

LargeCanine: There should be no bailouts. Why take money from hardworking people who made sensible financial decisions to give it to fark ups? Makes no sense.

But Democrats love welfare.

I love the internet, a "link blog" (fark) links to a another "link blog" (Democratic Underground) which links to another "link blog" (slashdot) which links to an actual story.

YAY Internet!

LargeCanine: There should be no bailouts. Why take money from hardworking people who made sensible financial decisions to give it to fark ups? Makes no sense.

It makes PERFECT sense - if you are the guy who's getting the bailout. Kinda sucks for the rest of us but hey it's not like we matter, right?

Nope. Dodd will raise our taxes, bail out his buddies and go home to a nice large mansion and sleep well in his feather bed. And if you complain about it, or even THINK about getting rid of Dodd - he'll say 'OMFG! Abortion! you can't get rid of me!' and like lemmings all the Democrat voters will go re-elect him.

GoldSpider: real, actionable outrage

If you're looking for that on an internet message board you are going to have a problem, this is the place where people read news stories and comment on them...And the only apologizing I see is of the strawman variety coming from you.

sonnymaou: Remember that song, "Nuke the Whitehouse?"

At this point, the whitehouse will veto this crap. When Obama gets in, look out.

LargeCanine: There should be no bailouts. Why take money from hardworking people who made sensible financial decisions to give it to fark ups? Makes no sense.

Two reasons:
1.) Our government is still something of a democracy
2.) fark ups vastly outnumber sensible people

It's Tyranny of the farkup majority.

Nabb1: Others? Not so much.

Apparently. Far be it from the feds to require that electronic transactions be subject to the same reporting requirements as your run-of-the-mill brick and mortar business.

Walker

I think this is more appropriate:

Skeptos: Whiskey. Tango. Foxtrot. Have the Democratic leadership secretly converted to the GOP, or something? What the fark is wrong with these people?

Many of us having been telling you for years that the major parties are almost entirely identical with virtually no policy difference. We have been ridiculed for doing so. Let me take this opportunity to say....

I FARKING TOLD YOU SO - YOUR 'TEAM' DOESN'T GIVE A shiat ABOUT YOU

LargeCanine: There should be no bailouts. Why take money from hardworking people who made sensible financial decisions to give it to fark ups? Makes no sense.

Yeah, This.

Isn't the point of having corporations to insulate real people from the retarded financial decisions that said corps inevitably make?

The Senate mortgage bill proposed by Sen. Chris Dodd (who was the recipient of a sweetheart deal on his mortgage from Countrywide, one of the beneficiaries of the bill) includes an attempt to sneak into law a requirement that all electronic payment processors send detailed transaction data to the federal government.

So the Federal government is now watching for state sales tax??

Does someone have this from an actual reliable source?

This seems fishy to me. It seems like the often sent BS email about taxing the internet.

Clearly Obama is the guy to stop these shady deals

(oh wait, you mean he's engaged in shady deals in Chicago?)

Corvus: The Senate mortgage bill proposed by Sen. Chris Dodd (who was the recipient of a sweetheart deal on his mortgage from Countrywide, one of the beneficiaries of the bill) includes an attempt to sneak into law a requirement that all electronic payment processors send detailed transaction data to the federal government.

So the Federal government is now watching for state sales tax??

Does someone have this from an actual reliable source?

This seems fishy to me. It seems like the often sent BS email about taxing the internet.

Digging down I found this (new window). I havent had a chance to search much.

AmazingRuss: 2.) fark ups vastly outnumber sensible people

no they don't the vast majority of loans are to people who paid them back or are currently paying them back even the vast majority of the sub prime loans are paid back or being paid back. This is just a money grab by large well connected corporations, the same thing that happens to, arguably, most of our tax dollars.

12 Inch Pianist: Many of us having been telling you for years that the major parties are almost entirely identical with virtually no policy difference. We have been ridiculed for doing so. Let me take this opportunity to say....

I FARKING TOLD YOU SO - YOUR 'TEAM' DOESN'T GIVE A shiat ABOUT YOU

People might listen to you if you wouldn't say stupid, false things.

From the Senate Bill Summary:

Payment Card and Third Party Network Information Reporting. The proposal requires information reporting on payment card and third party network transactions. Payment settlement entities, including merchant acquiring banks and third party settlement organizations, or third party payment facilitators acting on their behalf, will be required to report the annual gross amount of reportable transactions to the IRS and to the participating payee. Reportable transactions include any payment card transaction and any third party network transaction. Participating payees include persons who accept a payment card as payment and third party networks who accept payment from a third party settlement organization in settlement of transactions. A payment card means any card issued pursuant to an agreement or arrangement which provides for standards and mechanisms for settling the transactions. Use of an account number or other indicia associated with a payment card will be treated in the same manner as a payment card. A de minimis exception for transactions of $10,000 or less and 200 transactions or less applies to payments by third party settlement organizations. The proposal applies to returns for calendar years beginning after December 31, 2010. Back-up withholding provisions apply to amounts paid after December 31, 2011. This proposal is estimated to raise $9.802 billion over ten years.

PDF
from Senator Kay Bailey Hutchison
Link (new window)