"DECISIONS BY THE SECRETARY ARE NON-REVIEWABLE AND MAY NOT BE REVIEWED BY ANY COURT OF LAW OR ...

[Me.]

ANY ADMINISTRATIVE AGENCY"

Here they go again, distracting the eye while they get up to their usual shenanigans.

Dirty Secret Of The Bailout: Thirty-Two Words That None Dare Utter

“A critical - and radical - component of the bailout package proposed by the Bush administration has thus far failed to garner the serious attention of anyone in the press. Section 8 (which ironically reminds one of the popular name of the portion of the 1937 Housing Act that paved the way for subsidized affordable housing ) of this legislation is just a single sentence of thirty-two words, but it represents a significant consolidation of power and an abdication of oversight authority that's so flat-out astounding that it ought to set one's hair on fire. It reads, in its entirety:

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.

In short, the so-called "mother of all bailouts," which will transfer $700 billion taxpayer dollars to purchase the distressed assets of several failed financial institutions, will be conducted in a manner unchallengeable by courts and ungovernable by the People's duly sworn representatives. All decision-making power will be consolidated into the Executive Branch - who, we remind you, will have the incentive to act upon this privilege as quickly as possible, before they leave office. The measure will run up the budget deficit by a significant amount, with no guarantee of recouping the outlay, and no fundamental means of holding those who fail to do so accountable.

Is this starting to sound familiar? Robert Kuttner cuts through much of the gloss in an article in today's American Prospect:” cont…

http://www.huffingtonpost.com/2008/09/22/dirty-secret-of-the-bailo_n_128294.html

[Betsy Ross]

1. NO FUCKING WAY!

Anyone taking bets on whether this will go through?

[MANative]

2. How can this even be constitutional?

Oh, sorry, silly me - forgot that the Supreme Court (which at other times would have bothered to be concerned with this crap) is now dominated by rethugs. :grr:

[Gman]

3. This is absolutely unacceptable

And I hope those in power understand this.

[whistle]

4. More extortionist bullshit conditions by Al Capone Paulson, congress

....must hold this guy's feet to the fire, he is up to scams and swindles

[Hell Hath No Fury]

5. UNACCEPTABLE.

Period.

Let'em know -- join the Tea Party -- contact info for every Congresscritter here:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x4058104

[Me.]

8. Called My Senators This Morning

[sandnsea]

6. They're all headed for China

and this is their method of getting every last dime out of the US. I am totally against this, the whole thing. I wasn't last week, but I am now.

[Eurobabe]

7. If Congress falls for this

there is no hope for the US. Fool me once, shame on me, fool me twice, well never get fooled again.

[Me.]

20. This Is Their Last Chance

To prove they have a spine

[gateley]

9. That is fucking INSANE!

If the Reps start spreading the crap about us impeding the bailout, we just need to read this part to the American people. Infuriating.

[AtomicKitten]

10. This cannot stand.

:mad:

[Window]

11. Unbelievable.

:wtf:

[demokatgurrl]

12. Write to your congress person and Pelosi

and tell them NOT to agree to this. I have done so already!

[kysrsoze]

15. Just wrote all my Congress critters. This is HIGHLY illegal and unenforceable

[Me.]

18. Keep Those Keyboards Moving

Does anyone know KO's email?

[Sensitivity]

13. Bushco has taken more power than Secretariat of the Communist Party of China

[vanderBeth]

14. This is unbelievable.

[Ichingcarpenter]

16. The President and Chief CEO of Goldman's Sachs that will be out of work in January

Wants money for his gangsta buddies. Trust him!

[Blackhatjack]

17. As Pointed Out Here(LINK) It will likely be used as a shield to criminal prosecution...

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x7143808

[Me.]

19. Yep

Trying to get the fix in after the fact. Typical. Why doesn't * just do a blanket pardon?:sarcasm:

[Me.]

21. Kick

Because this is important

[Me.]

22. .

[Inchworm]

23. This reminds me of the guy that distributed the 9-11 settlements

Except the fact that the guy didn't get paid for it.

Grrrr

:banghead::cry:

[Me.]

25. Also

The people who got the settlements weren't those who had already chiseled the public out of millions what with pay, bonuses and parachutes

[curious one]

24. I saw this on Hoffpo this morning and got me horrified.

[GreenPartyVoter]

26. There is ZERO reason to even make that statement.. unless they

are planning on doing something wrong.

So, DUH! to the people on the Hill. They better fight this tooth and nail.

[Unsane]

27. FWIW a federal court can still review this law for purposes of determining

whether this jurisdiction stripping statute is constitutional.

Congress generally has pretty broad ability to preclude federal judicial review, but usually another avenue is left open (i.e. state court review, or SCOTUS review).

[KakistocracyHater]

28. not reviewable=above the law

easy & direct