*Must see...* Proposed bailout bill text! You're going to love this!!!

[Cecropia]

Sec. 8. Review.

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.

http://www.reuters.com/article/bondsNews/idUSN2034655520080920

...and just for fun, Sec. 6. Maximum Amount of Authorized Purchases. The Secretary's authority to purchase mortgage-related assets under this Act shall be limited to $700,000,000,000 outstanding at any one time

So they can buy 700 billion over and over again... nice!!

[jlizgar]

Sep. 21, 2008 at 8:09 AM

Its a bunch of horse crap! WHY arent the American people pissed off more about this....we are in SOOO much debt, this isnt helping a damn thing, its another false temp fix that is just going to make the real problem even bigger in the long run......horse crap!

[stefanierios]

Sep. 21, 2008 at 1:45 PM

How exactly can the American people pay to bail out mortgage companies if the American people can't even pay their own mortgage?  Republicans are all about business, and they're running the government as a business - when you know you're over your head in business debts, you just keep running them up until somebody finally cuts off your credit, then you file for bankruptcy.  In this case, Bush is just running up debts until he "files for bankruptcy" or in his case his presidential term ends.  He could care less about this country.