I’ve just given the draft bailout bill a first read (link here; there’s apparently a more recent draft posted at the House Financial Services cmte website, but it’s currently inaccessible). There’s a lot of b.s. stuffed in it (more to come), but let’s start with one section that warrants your attention– Section 115 (c). It appears that Hank Paulson and the cackling Democrats have written in a provision that codifies the short-circuiting of the democratic process: (c) FAST TRACK CONSIDERATION.— (1) IN GENERAL.—Notwithstanding any other provision of this section, the Secretary may not exercise any authority to make purchases under...