Yeah, this proposal basically makes the Secretary of Treasury the “Master of the Universe” for the next two years when the bill expires....
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
Yup. King Henry Paulson. Don’t forget all the other bailouts already in all of this. I would say that we are approaching 2 trillion in the end. I find this interesting:
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.
Maybe King is not the right word. Dictator Paulson might be a better way to say it.
Yeah, this proposal basically makes the Secretary of Treasury the Master of the Universe for the next two years when the bill expires....But we don't even know who the Secretary of the Treasury will be for 20 of those months. For all we know, it could be Chris Dodd if 0bama gets elected...