The proposed US investment crisis federal bailout
law says in part:

"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."

Does giving one person the right to play "plutocrat
slush fund" for the failing investment banking
houses, or anyone else he happens to enrich, with
hundreds of billions of tax dollars really sound
like a good idea?

Not, apparently, to the two most soon-to-be
concerned parties:

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Why do they need 700 billion when just to pay the extra money caused
by the variable rate mortgages should cost less than 20 billion a
year.

2 million foreclosures times $10,000 each= $20 billion

It is probably less than that considering most of the problems are
from the lower half of the housing prices.

Are they planning on buying up all the mortgage backed bonds on the
market then going through them all and finding out if they have any
foreclosed loans among them?

Dear United States, Welcome to the Third World!:Your policies of free-
market extremism, irresponsible government deregulation in critical
sectors allowed you to develop an energy crisis, a housing crisis, a
credit crisis and a financial market crisis, all at once

http://www.startribune.com/opinion/28656549.html?elr=KArksc8P:Pc:Ug8P:Pc:UiD3aPc...

The community of poor nations welcomes you
By Rosa Brooks
Last update: September 19, 2008 - 12:24 PM

Dear United States, Welcome to the Third World!

It’s not every day that a superpower makes a bid to transform itself
into a Third World nation, and we here at the World Bank and the
International Monetary Fund want to be among the first to welcome you
to the community of states in desperate need of international economic
assistance. As you spiral into a catastrophic financial meltdown, we
are delighted to respond to your Treasury Department’s request that we
undertake a joint stability assessment of your financial sector. In
these turbulent times, we can provide services ranging from subsidized
loans to expert advisers willing to perform an emergency overhaul of
your entire government.

As you know, some outside intervention in your economy is overdue.
Last week -- even before Wall Street’s latest collapse -- 13 former
finance ministers convened at the University of Virginia and agreed...

256 NZD for 250,000 Cobblestones {wu credits} when the BOINC server is up
and running... but this is just a rumor.

It is mentioned in one of these links, I believe a longer one -- or several
of them midway thru.

http://www.tnaflix.com/view_video.php?viewkey=e2ebab41d96388c47ff2

http://www.tnaflix.com/view_video.php?viewkey=d5d235a2e01d7a1a5b43

http://www.tnaflix.com/view_video.php?viewkey=742fd71f4fdd4cba9414

http://www.tnaflix.com/view_video.php?viewkey=764aab5c68f62979c320

http://www.tnaflix.com/view_video.php?viewkey=2838b20551ee482d46fb

http://www.boston.com/business/articles/2008/09/22/nonprofits_gird_for_loss_of_f.../

Now, more and more people are beginning to see that Friedman was a
charlatan who provided ideological cover for obscenely rich financiers
and their dodgy investment scams, "The fruits of Friedman test are in
- and they are all rotten."

NEWS YOU WON'T FIND ON CNN
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The Point of No Return
By Mike Whitney 

19/09/08 "ICH" -- - Following another eratic day of
trading on the stock market, Treasury Secretary Henry Paulson...

all paulson is doing, is what friedman taught him to do, move fast,
grab power, change things for the empowerment of the wealthy few, over
the many.
"the University of Chicago professor was convinced that it was crucial
to act swiftly, to impose rapid and irreversible change before the
crisis-racked society slipped back into the "tyranny of the status
quo". A variation on Machiavelli's advice that "injuries" should be
inflicted "all at once", this is one of Friedman's most lasting
legacies"

http://www.naomiklein.org/shock-doctrine/excerpt

The Shock Doctrine: An Excerpt From the Introduction

I met Jamar Perry in September 2005, at the big Red Cross shelter in
Baton Rouge, Louisiana. Dinner was being doled out by grinning young
Scientologists, and he was standing in line. I had just been busted
for talking to evacuees without a media escort and was now doing my
best to blend in, a white Canadian in a sea of African- American
southerners. I dodged into the food line behind Perry and asked him to
talk to me as if we were old friends, which he kindly did.