"his decisions" No, only his decisions on what assets to buy etc. with the bailout money. I don't agree with it, but it's MUCH more benign than "The Treasury Secretary becomes a dictator!"
Let's keep our perspective. On Thu, Sep 25, 2008 at 6:46 AM, Vivec <[EMAIL PROTECTED]> wrote: > " The more cynical commentators in the US have already suggested that this > may in fact be the whole idea behind the crisis. Buried in the fine print > are some radical changes to the way that government operates, including the > rather interesting notion that the Treasuary Secretary gets dictatorial > powers -- his decisions can neither be challenged in court nor questioned > by > Congress. This is a radical power shift; it may not mean much in the UK but > it undermines the very core of the Republic. > > You've already found out in the UK that taking fiscal power away from local > government effectively turns it into an administrative arm of central > government. Democracy isn't about elections, its about power, and a bit > part > of that power is control over budgets. If you shift that power to a group > of > industry insiders -- and Mr. Paulson is an industry insider -- then you've > effectively given away the store. > > On a personal level the terms to describe all this include 'looted' and > 'raped'." > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:270785 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
