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I think this is the scariest part

of the proposed bail out bill.

Sec. 8. Review. 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. Sec. 9. Termination of Authority. The authorities under this Act, with the exception of authorities granted in sections 2(b)(5), 5 and 7, shall terminate two years from the date of enactment of this Act. Sec. 10. Increase in Statutory Limit on the Public Debt. Subsection (b) of section 3101 of title 31, United States Code, is amended by striking out the dollar limitation contained in such subsection and inserting in lieu thereof $11,315,000,000,000. Did we not already give the Bushies carte blanche (sorry for the French) on at least two other things (Patriot Act, Iraq War) that did not turn out well. We are just supposed to trust them? I wonder why they bother with a limit to the debt, if this is all it takes to raise it. This bill is sort of fascinating. I hope that the legislators read it before they pass it.
Dave Barron

Here is the truth about the fiinancial crisis.  Please watch it all.

http://www.youtube.com/watch?v=H5tZc8oH—o

Posted by Dave Barron  on  09/29/2008  at  09:28 AM

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