Monday, September 22, 2008

Section 8 of the President's Proposed I Bank Bail Out Agreement



"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."

So, no oversight from anyone but an appointee of a lame duck President. But I mean...what do we expect for $700B?

Unbelievable. Well, it would have been 8 years ago.

Thanks for reading, and don't forget to write.

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