Tuesday, September 23, 2008
700 Billion Dollars, Section 8, and my Tin Foil Haberdashery
"Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency."
- Section 8 of the Wall Street bailout bill
Nothing to be alarmed about - unless you think giving unchecked power and funds to the people who allowed this meltdown to happen in the first place is ... problematic. And gee ... wouldn't it be easy to steal if no one can oversee what you are doing and no court can hold you accountable? It's not like we haven't seen a billion dollars or 12 slip through the cracks before.
And then there is this - Welcome to the final stages of the coup... which sees this as the fulfillment of Prescott Bush's Business Plot to overthrow the US Government back in the 30s. And even if this 'enabling act' fails, they still have this.