Disaster in the making

Apparently I’m not the only one who thinks that giving Treasury Secretary Paulson a blank check for $700 billion with no strings attached ( "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.") is an absolutely godawful idea. If Congress approves the bailout plan as is, it will be one of the stupidest things it has ever done. I was going to say “the stupidest thing,” but then I remembered the last 8 years. It IS difficult to say which of the blank checks Congress has handed George Walker Bush and his merry band of crooked incompetents was the stupidest, but this bailout plan will be right up there.