Proposed Bail Out Bill

Dandelion Salad

The Catherine Austin Fitts Blog
September 20, 2008 at 4:09 pm

The New York Times has posted a draft copy of the U.S. Treasury bail out bill.

As a practical matter, this bill gives the U.S. Secretary of the Treasury – the former chairman of one of the Wall Street firms most instrumental in creating the current financial “problem” or opportunity, depending on whose team you are on – the power to spend or donate $700 billion in whatever manner he chooses and to pay whomever he wants as much as he wants on whatever terms and conditions he wants to help him do so and give them access to any information he wants. Those who help are free to use that information without liability for any responsibilities related to governmental access.


Proposed Bail Out Bill at The Catherine Austin Fitts Blog.

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