Decisions by the Secretary pursuant to the authority of this Act are non-reviewable

[katty]

Dirty Secret Of The Bailout: Thirty-Two Words That None Dare Utter
September 22, 2008 02:06 PM

more: http://www.huffingtonpost.com/2008/09/22/dirty-secret-of-the-bailo_n_128294.html

A critical - and radical - component of the bailout package proposed by the Bush administration has thus far failed to garner the serious attention of anyone in the press. Section 8 (which ironically reminds one of the popular name of the portion of the 1937 Housing Act that paved the way for subsidized affordable housing ) of this legislation is just a single sentence of thirty-two words, but it represents a significant consolidation of power and an abdication of oversight authority that's so flat-out astounding that it ought to set one's hair on fire. It reads, in its entirety:

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.

In short, the so-called "mother of all bailouts," which will transfer $700 billion taxpayer dollars to purchase the distressed assets of several failed financial institutions, will be conducted in a manner unchallengeable by courts and ungovernable by the People's duly sworn representatives. All decision-making power will be consolidated into the Executive Branch - who, we remind you, will have the incentive to act upon this privilege as quickly as possible, before they leave office.

[PetrusMonsFormicarum]

1. Previously

I was pissed off by the potential bailout of all the douchebags who took on mortgages beyond their means.

Then I was more pissed off to discover that the fucking snakes who allowed such mortgages to go through are getting bailed out.

But this? Another massive attempt to consolidate dictatorial power under BushCo, paid for with the ill wishes of generations to come?

This is some serious bullshit. I can't believe they'd even attempt to ask for it.

[katty]

2. stunning-after 7yrs+, I believe-this IS their: mission accomplished

and don't act up, america...DHS will come after your ass and stick you in prison as an enemy combatant. their work is done.