Now it's time to assign blame. Plenty for everyone here.
The power structure is gridlocked into Kamikaze mode, and this so-called "Election Campaign" has been reduced to a high tech multi level experiment in producing fear in the average citizens heart.
Social issues fester, terrorists plot the next "shocking attack".....
As the financial markets teeter on the brink of collapse, here is the "Legislative Proposal for Treasury Authority To Purchase Mortgage-Related Assets"
The Secretary is authorized to take such actions as the Secretary deems necessary to carry out the authorities in this Act.
Within three months of the first exercise of the authority granted in section 2(a), and semiannually thereafter, the Secretary shall report to the Committees on the Budget, Financial Services, and Ways and Means of the House of Representatives and the Committees on the Budget, Finance, Banking, Housing, and Urban Affairs of the Senate with respect to the authorities exercised under this Act.
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.
Have spent the day thus far reading bad news and spite-filled, hateful blogs and comments. I offer no solutions, wisdom or much hope. Just another passenger on this ride looking for a silver lining.

No comments:
Post a Comment