2008-09-28blogspot.com

"This proposal would have given a blank check to an economic czar who would have been empowered to spend it without administrative oversight, legal requirements, or legislative review. Decisions made by the Treasury Secretary would be non-reviewable by any court, agency, or Congress. The proposal also lacked a requirement for regular reports to Congress on the status of the program. This was simply untenable."



Comments:

mortgagemess at 01:46 2008-09-29 said:
Round and round we go...Paulson is a smart man..he asked for the impossible and got the possible...which is exactly where he wanted to be.. Permalink

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