4 ms·
In fact, it specifically says it is non-reviewable: Text of Draft Bailout Proposal: http://www.nytimes.com/2008/09/21/business/21draftcnd.html?_r=1&ref=busine
by kqr2 18y ago
In fact, it specifically says it is non-reviewable:
Text of Draft Bailout Proposal:
http://www.nytimes.com/2008/09/21/business/21draftcnd.html?_r=1&ref=business&oref=slogin http://www.nytimes.com/2008/09/21/business/21draftcnd.html?_...
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.
- LogicHoleFlaw 18y agoHow is that even legal?!
- nostrademons 18y agoIt's a law. If the law passes, it's by definition legal. It could potentially be unconstitutional (perhaps granting this much non-reviewable power to the Treasury Department, an executive branch agency, violates the separation of powers), but I doubt it. Considering all the other power grabs that the executive branch has gotten past the Supreme Court, this one ranks fairly low. If you're pissed off about the bailout, contact your legislators. It's their job to stop things like this, and they won't do it unless they know their constituents are really, really pissed off about it.