The Mudcat Café TM
Thread #98037   Message #2446874
Posted By: dick greenhaus
21-Sep-08 - 08:03 PM
Thread Name: BS: More GWB and the Rise of Fascism
Subject: RE: BS: More GWB and the Rise of Fascism
"Treasury Seeks Asset-Buying Power Unchecked by Courts (Update2)

By Alison Fitzgerald and John Brinsley

Sept. 21 (Bloomberg) -- The Bush administration sought unchecked power from Congress to buy $700 billion in bad mortgage investments from financial companies in what would be an unprecedented government intrusion into the markets.

Through his plan, Treasury Secretary Henry Paulson aims to avert a credit freeze that would bring the financial system and the world's largest economy to a standstill. The bill would prevent courts from reviewing actions taken under its authority.

a) Clearly, W dislikes courts.
b) What was that definition of fascism again?