In order to save the Dow Jones Industrial Average, the Bush administration seeks boundless power that cannot be reviewed by federal courts.
Didn’t we try this already at Gitmo, and it didn’t work out so well?
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.
“He’s asking for a huge amount of power,” said Nouriel Roubini, an economist at New York University. “He’s saying, `Trust me, I’m going to do it right if you give me absolute control.’ This is not a monarchy.”
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Well, at least one member of the War Party: terror analyst Harvey Kushner. Scott did a great job in their debate at Texas A&M University. It is hard to sit through Kushner’s crap, but I recommend that you check it out.
Continue reading “Scott Horton Debates the War Party”
In a speech yesterday to U.S. troops departing for Iraq, Alaska Governor and GOP VP nominee Sarah Palin declared that the soldiers would â€œdefend the innocent from the enemies who planned and carried out and rejoiced in the death of thousands of Americans.â€
Even George W. Bush finally admitted that this justification for attacking Iraq was a fraud.
But apparently it is still sufficient to justify occupying and oppressing Iraqis. (Palinâ€™s son was among the soldiers deploying).
Is Palin a liar or a fool?
In the same way that McCainâ€™s convention acceptance speech made Bob Dole look good, Palinâ€™s interview last night with ABCâ€™s Charles Gibson made former VP Dan Quayle look like a rocket scientist.
Why have so many conservatives – and some libertarians – rushed so fast to idealize this career politician?
Palin is dumber than Bush and more dangerous than McCain to even think about the US possibly needing to go to war with Russia. Let Georgia and Ukraine join NATO–who cares–as long as the US gets out.
John McCain performed a miracle tonight.
He made Bob Doleâ€™s 1996 Republican presidential acceptance speech look downright eloquent.
Shizam, McCainâ€™s performance – at least for the first 40 minutes of the speech – made Bob Dole sound like the combination of Daniel Webster, John F. Kennedy, and Cicero thrown in for good measure.
McCain seemed to be reciting lame lines – until he got to near the end, when he immersed himself and his groveling audience with the real reason why he is entitled to rule America and the world.
And his riff on Georgia? I hope the media and commentators focus on his falsehood that Russia initiated the conflict. How many American mothers and fathers are willing to sacrifice their sons and daughters to move a boundary line a few miles in the Caucasus? And what do McCain or his top aides expect to receive in return for risking American security for Georgia?