From www.InfoWars.com
by
Kurt Nimmo
Infowars
October 25, 2008
As Douglas A. McIntyre wrote back in September, most dictator’s get to wear general’s uniforms, so Hank Paulson had better call his tailor. The banker takeover bill passed by the Senate and signed into law on October 3 makes Paulson a virtual economic dictator. Paulson is now authorized to purchase mortgage-related assets from any financial institution headquartered in the United States. “The power of the Judicial Branch as an element of the Constitution’s mandate for ‘checks and balances’ has been suspended, undercutting a critical principle established by the Founding Fathers,” writes McIntyre. In almost all ways, the bill places the Treasury Secretary outside the law and above Congress and the American people.
On Thursday, White House Press Secretary Dana Perino said Bush "is trusting his team at the Treasury Department to design this program, and he believes they are doing it the right way," according to CNSNews. "I don't have details for you on it. So, we'll let them — we'll just trust our treasury secretary and those he's tasked with to implement the program." In other words, the bankers, not Congress or the American people, will implement the the Emergency Economic Stabilization Act of 2008.
Technorati Tags: Bush, Emergency Economic Stabilization Act of 2008, Dana Perino, Treasurey Secretary, Banker Takeover, dictator, Hank Paulson, banker takeover bill, economic dictator, mortgage related assets, financial institution,

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