Bush Team Seeks Dictatorial Financial Powers

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?

from Bloomberg:
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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Palin Revives Bush’s Most Lethal Lie

In a speech yesterday to U.S. troops departing for Iraq, Alaska Governor and GOP VP nominee Sarah Palin declared that the soldiers would “defend the innocent from the enemies who planned and carried out and rejoiced in the death of thousands of Americans.”

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. (Palin’s son was among the soldiers deploying).

Is Palin a liar or a fool?

In the same way that McCain’s convention acceptance speech made Bob Dole look good, Palin’s interview last night with ABC’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?