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.
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.