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09-22-2008, 07:10 AM #11Senior Member
bailouts
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.
Fellow citizens and taxpayers, this has got to be the last straw. Here we have a proposal to commit $700,000,000,000 of money we can ill afford, to bail out companies that not only made bad investments, but made those bad investments while paying their top executives obscene salaries. This is not bad enough, now the bush cabal wants to put Paulson in a position where he, and he alone has sole discretion in determining where and how this money will be doled out.
We have seen time and time again the total lack of regard these criminals have for the checks and balances our government was designed with. This however takes it to a new level. We're not talking about a small thing here folks, this is almost a trillion dollars with absolutely no oversight on a man (Paulson) who as the CEO of Goldman Sachs from 1999 to 2006, most certainly played a part in the creation of financial crisis.
Just Like the sign says that has been in the front window of my house for the last two years.....
And,Yes That is My Desk!!!!
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