[CitizensTruth] Truthout and a host of others, including many Republicans, against blank check for Bush & The Street

[Hal Snyder]

The bail-out proposal looks like standard Shock Doctrine procedure.  
Compare the PATRIOT act after 9/11, or see Michel Chossudovsky's "The  
Globalization of Poverty" for a long-range view of the process.

 From Danny Schechter's blog this morning (note boldface text):

http://www.newsdissector.com/blog/

<http://www.newsdissector.com/blog/2008/09/23/panic-still-rocking- 
wall-street-details-of-rescue-plan-unknown/>

WHATS IN THE “PLAN?”

And from Peter B. Collins:

Just a brief note to draw your attention to the remarkable language  
proposed by Treasury for the bailout bill. It sets the Secretary up  
as the dictator of the plan, allowing him to deputize individuals or  
subcontract with corporations with no oversight or controls. And then:

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.

In a single sentence, the administration is attempting to upend the  
Constitution, preventing Congress or the courts from any review of  
the bailout. This is an invitation to fraud greater than the problems  
purported to be addressed. Ordinarily, David Addington writes signing  
statements that assert these executive powers, this time they are so  
bold they put it right up front.

Please do all you can to expose this to public scrutiny, and urge the  
House and Senate to debate this and amend it to stop this power grab,  
maintain separation of powers, and provide proper oversight and  
regulation of this trillion dollar package.



On Sep 23, 2008, at 10:21 AM, Daniel Stafford wrote:


> Here's Truthout's articles on it, but you can look anywhere on the  

> web and see no one wants to hand Paulson, a former head Streeter at  

> Goldman-sachs, the keys to the purse with no oversight and no  

> accountability and nothing in it for the Public. - DS

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