LEGISLATIVE PROPOSAL FOR TREASURY AUTHORITY
TO PURCHASE MORTGAGE-RELATED ASSETS
TO PURCHASE MORTGAGE-RELATED ASSETS
Section 1. Short Title.
This Act may be cited as ____________________.
This Act may be cited as ____________________.
Sec. 2. Purchases of Mortgage-Related Assets.
(a) Authority to Purchase.--The Secretary is authorized to purchase, and to make and fund commitments to purchase, on such terms and conditions as determined by the Secretary, mortgage-related assets from any financial institution having its headquarters in the United States.
(b) Necessary Actions.--The Secretary is authorized to take such actions as the Secretary deems necessary to carry out the authorities in this Act, including, without limitation:
(1) appointing such employees as may be required to carry out the authorities in this Act and defining their duties;
(2) entering into contracts, including contracts for services authorized by section 3109 of title 5, United States Code, without regard to any other provision of law regarding public contracts;
(3) designating financial institutions as financial agents of the Government, and they shall perform all such reasonable duties related to this Act as financial agents of the Government as may be required of them;
(4) establishing vehicles that are authorized, subject to supervision by the Secretary, to purchase mortgage-related assets and issue obligations; and
(5) issuing such regulations and other guidance as may be necessary or appropriate to define terms or carry out the authorities of this Act.
...Sec. 8. Review.
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.
(emphasis mine)
Go to the link and see how easily and cheaply we can sell our national soul. It's only $2,333 per man, woman and child.
As long as we no longer need our Constitution or Bill of Rights, why not get rid of that pesky Judiciary?
And Congress? Traitors and capitulators all! String 'em up.
The NeoCon (emphasis on the "con") wet dream come true.
Call and Email your representatives at once and demand Congressional debate and oversight, as well as judicial review. This is BushCo's final assault on America and it must be stopped.
Catch you later.....
(Image courtesy of AntiWarPosters.com)
Update: Email response from Rep. Darrell Issa...
Thank you for taking the time to contact me. I am honored to serve you in Congress and take my obligation to you seriously. Your thoughts and concerns are always important to me and do make a difference. Please know that I will respond to your message as soon as possible.
If your message requires immediate attention, please do not hesitate to contact my Washington, D.C. office at 202-225-3906 and speak to a memberof my staff. You may also contact my Vista, California office at760-599-5000.
Thank you for giving me the opportunity to be of service.
Oh, you can be sure to hear from me, Congressman, but will you be listening?
No comments:
Post a Comment