Section 8: Absolute Power for the Absolutely Corrupt

The anti-government schemers who run the White House are seeking to take ultimate advantage of the economic meltdown that their own criminal malfeasance has created. So the next time you hear one of their fuming fascists getting tough on accountability for teachers and children in crumbling schools, remind yourself of the 32 words from Section 8 of their proposed giveaway that would put the trillion-dollar public handout to the crooks of Wall Street beyond any oversight, any judgment, any protest, any accountability.

From Huffington Post:

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.