A Play In One Act
Sep. 30th, 2008 08:38 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
A Congressional REPRESENTATIVE is hard at work. The Treasury SECRETARY enters.
SECRETARY: OMG OMG OMG! You HAVE to give me SEVEN HUNDRED BILLION DOLLARS or WE ARE ALL GOING TO DIE!
REPRESENTATIVE: ...
SECRETARY: I'm seriously, you guys. Due to the packaging and selling of financial instruments designed to shift risk to those least able to bear it, the economy is fucked. We need hundreds of billions of dollars, pronto, or a bunch of paper debt and the stupid rewrite of the bankruptcy law we did will KILL US ALL.
REPRESENTATIVE: ...
SECRETARY: Also, I want to disburse this money as I see fit, and I don't want to be subject to any kind of administrative oversight, or even judicial review.
REPRESENTATIVE: Fuck you.
THE END
By the way, I think it's cute that Sec. Paulson thought Congress could make him immune to judicial review. It's really precious. I think what he meant was some kind of assertion of sovereign immunity whereby he could not be sued. The phrase I heard, though, was "not subject to review", which, frankly, is impossible given the last *two centuries* of Supreme Court decisions. But, you know, it was a nice try. Asshole.
Please, if I missed an important detail here, so inform me and rip me a new one. I'm praying on bended knee I missed something crucial.
SECRETARY: OMG OMG OMG! You HAVE to give me SEVEN HUNDRED BILLION DOLLARS or WE ARE ALL GOING TO DIE!
REPRESENTATIVE: ...
SECRETARY: I'm seriously, you guys. Due to the packaging and selling of financial instruments designed to shift risk to those least able to bear it, the economy is fucked. We need hundreds of billions of dollars, pronto, or a bunch of paper debt and the stupid rewrite of the bankruptcy law we did will KILL US ALL.
REPRESENTATIVE: ...
SECRETARY: Also, I want to disburse this money as I see fit, and I don't want to be subject to any kind of administrative oversight, or even judicial review.
REPRESENTATIVE: Fuck you.
THE END
By the way, I think it's cute that Sec. Paulson thought Congress could make him immune to judicial review. It's really precious. I think what he meant was some kind of assertion of sovereign immunity whereby he could not be sued. The phrase I heard, though, was "not subject to review", which, frankly, is impossible given the last *two centuries* of Supreme Court decisions. But, you know, it was a nice try. Asshole.
Please, if I missed an important detail here, so inform me and rip me a new one. I'm praying on bended knee I missed something crucial.