Wednesday, September 24, 2008

I Think This Sums It Up

The proposed $700 billion Wall Street bailout just reeks of corruption.  If you still aren't sure about it, this line from the bill should make you shudder:

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.

Keep in mind that Paulson was the former CEO of Goldman Sachs, one of the companies that this act is seeking to bail out.  It's obvious that he's trying to save his buddies, and the taxpayers are the ones that will end up paying for it should this bill pass.

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1 Comment:

Unknown said...

I agree...
I don't like it a bit.