This provision of the bailout plan should be eliminated from consideration without hestiation

[bigtree]

Section 8

"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."

http://blogs.wsj.com/economics/2008/09/20/treasurys-financial-bailout-proposal-to-congress/



Barack Obama said today that . . .

"The power to spend $700 billion of taxpayer money cannot be left to the discretion of one man, no matter who he is or which party he is from. I have great respect for Secretary Paulson, but he cannot act alone. We should set up an independent board that includes some of the most respected figures in our country, chosen by Democrats and Republicans, to provide oversight and accountability at every step of the way."

http://www.washingtonpost.com/wp-dyn/content/article/2008/09/23/AR2008092301748_pf.html

[Cirque du So-What]

1. Isn't that intrinsically unconstitutional?

I'm not a constitutional lawyer, but language of that sort seems to violate at least the spirit of the law if not the letter. I believe it's fair to call for the removal from office of any lawmaker who embraces this language, knowing beforehand its intrinsically unconstitutional nature.

[Loge23]

3. Sounds like a coup

I agree with you - he should be arrested, let alone be left in office.
Outrageous! Where's the outrage about this on the hill?
Isn't this what all the warheads keep telling us we are fighting for?
And Paulson compounded it today by essentially denying that it was a part of the bill.

[yurbud]

2. it is an insult to our democracy and constitution that they even included it.

[shraby]

4. Section 8 is so blatant and in your face, I wonder

what they don't want us to look at. I don't trust the bastids.

[Marie26]

5. Guess they never heard of judicial review.

Marbury vs. Madison, one of the first cases ever decided by the Supreme Court - ALL executive actions are subject to review by the courts of law. I can't believe they had the absolute nerve to put that in. It really does make it seem like a coup, or probably just a massive cover-up attempt funded by the US taxpayers.

[RB TexLa]

6. I'm fine with leaving that provision . . .

after you take out the 700 Billion.