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A comment on 700 Billion bailout? Ebay it. Parent comment

Re:700 Billion bailout? Ebay it by kqr2 on Monday September 22, 2008 @08:22PM (#311813)
In fact, it specifically says it is non-reviewable:

Text of Draft Bailout Proposal:

http://www.nytimes.com/2008/09/21/business/21draftcnd.html?_...

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.

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Re:700 Billion bailout? Ebay it by LogicHoleFlaw on Tuesday September 23, 2008 @01:04PM (#312539)
How is that even legal?!
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Re:700 Billion bailout? Ebay it by nostrademons on Tuesday September 23, 2008 @04:15PM (#312772)
It's a law. If the law passes, it's by definition legal.

It could potentially be unconstitutional (perhaps granting this much non-reviewable power to the Treasury Department, an executive branch agency, violates the separation of powers), but I doubt it. Considering all the other power grabs that the executive branch has gotten past the Supreme Court, this one ranks fairly low.

If you're pissed off about the bailout, contact your legislators. It's their job to stop things like this, and they won't do it unless they know their constituents are really, really pissed off about it.

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