Quantcast
Home / Tony Anderson / Unchecked power and secrecy should not be part of the solution

Unchecked power and secrecy should not be part of the solution

As Congress goes back and forth with the Bush Administration over a $700 billion plan to aid troubled Wall Street financial firms, legislators need to pay close attention to part of the emergency legislation that would unduly expand the powers of the executive branch.

A Wall Street Journal blog recently posted a draft of the proposed legislation. A disconcerting part of that plan is Section 8, which would yield broad, unfettered and unchecked authority to the Treasury Secretary. That section reads:

“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.”

The Society of Professional Journalists and other groups have expressed concerns about abandoning the idea of checks and balances in this proposed legislation and the lack of public oversight.

Yes, we need to address the financial crisis and find a solution, but unchecked control of $700 billion and secrecy should not be part of the solution.

2 comments

  1. Adding a trillion dollars to the US taxpayers should not be burdened on this Congress. A stop-gap measure of $100 billion for emergency retail bank loans, until after the election, but nothing further.. No Congress should be asked to burden the public of America with this large of debt without due process of thought.

  2. WHAT THE AMERICAN PEOPLE DON’T KNOW..?

    THEY JUST DON’T WANT TO TALK ABOUT IT?

    Because illegal aliens cannot be issued Social Security Numbers, the IRS issued TIN numbers which allowed them to get house mortgages. Not even requesting SS# these people were given bank loans and now walked away from them.

    How much has illegal immigration contributed to the current mortgage mess? …. Not just sub-prime, but about 80% illegal aliens, by his estimation. …

    http://michellemalkin.com/2008/05/12/open-borders-and-the-mortgage-mess/

    http://www.firesociety.com/forum/thread/29481/How-About-That-LaRaza-And-This-Morgtage-Mess-/

    ASK YOUR SENATORS & CONGRESSMAN WHY?

    If we enact the Federal SAVE ACT (H.R.4088) enforcement only law. Millions of illegal aliens will leave by self-deportation. ATTRITION! No job, they will leave of their own accord. Only anti-American groups and Liberal-Democrat-Socialists are stopping this law. ASK THEM WHY?

    http://www.numbersusa.com have the uncensored truth? IT’S YOUR FAMILIES FUTURE. DEPORTATION OR OVERPOPULATION.
    IF WE DON’T STOP IT NOW, THEY WILL KEEP COMING..

    JOIN 756.000 other American patriots at http://www.numbersusa.com , to stop the travesty of our immigration laws. Learn about Immigration governmental corruption at http://www.judicialwatch.org

Leave a Reply

Your email address will not be published. Required fields are marked *

*