Mebbe a little in the old news department, but the Beagleterribles wish you have seen Treasury Secretary Henry Paulson waving his arms saying, "Yes, we want transparency. We want oversight," even while defending the text of his proposed legislation sitting on the table right in front of him, towit:
Sec. 8 "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."
The Butch gang had also opposed language that would limit CEO compensation earlier in the week, but by the time the Colander in Chief addressed the nation, limiting compensation was a principle for the legislation.
Jena McCain't, in town briefly to kick over tables and fix the mess, has yet to take a position on the bailout, but he has given aid and comfort to the House Republicans who believe the solution is cut capital gains tax to zero, give tax credits to companies to buy investments, and complete the full deregulation of markets, because if there had been even less oversight, this would have never happened.
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