Posted on 09/20/2008 10:17:51 AM PDT by Fox_Mulder77
The Dems just got it this morning, and are already adding the pork to it as we speak.... this thing already stinks, but over the next few days the Dems are going to stuff it with rotting putrid pork!!!
Holy @#$%!
Ok- so Paulson is now Ruler of The World!!!
Geeesh..this just gives me the creeps.
Thanks for the ping- do you have the link?
(2) entering into contracts, including contracts for services authorized by section 3109 of title 5, United States Code, without regard to any other provision of law regarding public contracts;
Basically - Secretary Paulson runs the show, forget what the law says. Section 3109 of title 5 just says that he can hire "experts".
(3) designating financial institutions as financial agents of the Government, and they shall perform all such reasonable duties related to this Act as financial agents of the Government as may be required of them;
OK folks, I'm beginning to hyper-ventilate.
(5) issuing such regulations and other guidance as may be necessary or appropriate to define terms or carry out the authorities of this Act.
Yea Paulson, just do the hell whatever you want!
(2) protecting the taxpayer.
I'm glad that they included this. I needed a laugh.
Sec. 10. Increase in Statutory Limit on the Public Debt.
Subsection (b) of section 3101 of title 31, United States Code, is amended by striking out the dollar limitation contained in such subsection and inserting in lieu thereof $11,315,000,000,000.
YESSSSS!!!
...er... wait a minute...
Here is the catch phrase from the dems:
“Within three months of the first exercise of the authority granted in section 2(a), and semiannually thereafter, the Secretary shall report to the Committees on the Budget, Financial Services, and Ways and Means of the House of Representatives and the Committees on the Budget, Finance, and Banking, Housing, and Urban Affairs of the Senate with respect to the authorities exercised under this Act and the considerations required by section 3.”
The dems are literally banking on still being in charge of these committees so that they can protect their own and make political hay no matter how it shakes out!
Let’s work like hell to make sure Republicans are in the majority when that day rolls around!!
*Sigh* it’s way past time to abolish the federal govt in it’s current form. Unfortunately, No one is willing to say it.
Looks more like the Congress is giving him broad authority in order to protect themselves from making any decisions for which the American people can hold them responsible....lol
They are all chickens!
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.
WOWSER!!!!
I skipped right past that. This info, with a link should be posted at the top of FR. Forget the elections, we're entering into a dictatorship!
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
The whole draft is a catch phrase.
This is frightening.
And no GAO review. Bring on the cronyism and corruption!
I thought that you had to run somewhere on the previous thread where you decided not to debate?
Anyways, you need to understand that this has nothing to do with Republicans -vs- Democrats. It has to do with a dictatorship. And if you still want to debate - WHO EXACTLY WAS PAULSON APPOINTED BY?
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
Right! And who will be making payments of this bad debt mortgages? If it remains the same and the freeloaders are still living there, will they be kicked out and the property resold? Are you kidding me. Never happen while the RATS hold power, and this extends to half of the Republicans.
AND here is the rub. The property value will depreciate as the real estate market folds, so many of the properties will have to be resold at a loss. Taxpayers will get hit again.
No link.... I had it faxed to me from a media FRiend.....
Thanks Fox :) My head is reeling.
Actually, Paulson is far from the worst guy to have this power. He knows how the financial markets work, and he is competent.
However, if Obamanation gets elected, the next Treasury Secretary will be some hack like Franklin Raines.
Then, this bailout will become the biggest slush fund this world has seen since Oil-for-Food and it will be caviar and cabernet for all of the leftwing parasite groups in this country.
Bingo!
I found a link for this thread:
http://www.nytimes.com/2008/09/21/business/21draftcnd.html?ref=business
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