GEORGE BUSH AND THE $700 BILLION BAILOUT WITHOUT ACCOUNTABILITY
The Huffington Blog points out the following language in the Bush administration’s proposal for a bail out of the failing corporations. It reads: “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.” This means that $700 billion of taxpayer dollars to save several financial institutions will be totally at the discretion of the Executive branch without any…