Monday, September 22, 2008

This is not sexy, but is sure SCARY

Because financial issues can be complex people tend to avert their gaze. But under that cover the government is about to steal another vital freedom. Read the text of the Bailout Act. Then RE-read it. Can you believe the audacity of dictatorship-in-the-making?

Text of the Bailout Is Authoritarianism At Its Worst
The text of the Bailout Act is out. And Section 8 is egregious:

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.


Call your congressional rep and demand that this will not stand, otherwise Congress will have literally just ceded its last bit of power, that of the purse

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