SECTION 8 of the $700 Billion or More “Draft” Bailout Proposal
Here a nice little clause under Section 8 of the $700 Billion or more Investment Bank bailout proposal:
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.
Would you be stupid enough to sign any agreement with that type of language in it? I’m sorry, they MUST remove this clause.
You know, I don’t care your party affiliation, whether you are from a red or blue state or the most partisan voter in the U.S., if Section 8 doesn’t stop your heart then God Bless You and welcome to planet Earth.
Enjoy your stay.
