The Mother of All Bailout Provisions

The Bush/Paulson proposed bailout provisions include this:

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.

For the Administration to propose that language is outrageous.

A more extensive article:

http://www.huffingtonpost.com/2008/09/22/dirty-secret-of-the-bailo_n_128294.html

This is a good explanation of what caused this mess:

http://theamericanscene.com/2008/09/19/welcome-to-history