Henry Paulson Will Morph Toxic Banks into Toxic Dollars - This Doesn't Have to Happen

This article says in part....

Saturday the Treasury Secretary presented his plan to Congress and put a "fact sheet" up on his website. I haven't heard anyone comment on this, but inside of the plan is a request for total immunity from lawsuits. The plan states, "Decisions by the secretary pursuant to the authority are non-reviewable … and may not be reviewed by any court of law or any administrative agency."

This is absolutely outrageous, as it puts the Treasury Secretary above the law. Even the President can be taken before a court - remember Bill Clinton. Nixon had to be pardoned so he wouldn't have to go to court. Our whole system of government is based on checks and balances, but this bill takes all of that away when it comes to the Treasury Secretary. It is a mad power grab. Who knows what measures he may propose or carry out in the future with these new powers?

This is the dangerous road that the government has now put us on. The politicians and Federal Reserve are willing to put the savings of every American at risk to protect the banks.