Don't Trust Bush

If President Bush says the $700 billion bailout is something we have to sign fast, with no accountability, and that we have to trust him, isn't that the kind of government behavior what got us into this mess? I say yes, this is something that has to be treated quickly, but let's put some effort into this. Don't these 32 words, taken from the proposed bailout package, scare you:

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.

Unchallengeable by courts and ungovernable by the People's duly sworn representatives?

I know a lot of people are to blame, but Bush is a great lighting rod because he is an idiot guy who makes poor decisions based on cronyism and ideals. He hates debate and oversight and his mindset has influenced the markets to bend the rules because they know they would not be caught or prosecuted, and in the event of total failure, they would be bailed out. Bush stood on the sidelines of the economy he crafted and watched it crumble, but not just boo-hoo crumble, it historically failed. Between his made up wars and corporate bailouts, Bush has wasted and squandered more taxpayer money than anyone else. And the money who couldn't spend, he just borrowed with interest from the Chinese. Worst. President. Ever.

Senate Banking Committee chairman Sen. Chris Dodd sums up some of my feelings:

"I spent quite a bit of time last night with my colleague from Alabama, Sen. Shelby, who is the ranking Republican on the banking committee. I ran into Mel Martinez of Florida, the Republican senator from that start. I’ve talked to others here. This isn’t just Democrats. This isn’t a natural disaster like the Gustav hurricane. This is a man-made, avoidable, preventable problem — and a lack of oversight and accountability was one of the problems."

I also like it because Dodd’s comments were a swipe against President Bush, who last week cited the financial crisis in the same breath as terrorist attacks and natural disasters.