Paulson cannot be allowed a blank cheque - by George Soros

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Paulson’s $700bn rescue package has run into difficulty on Capitol Hill. Rightly so:it was ill-conceived. Congress would be abdicating its responsibility if it gave Paulson a blank cheque.The bill submitted to Congress even had language in it that would exempt the secretary’s decisions from review by any court/administrative agency–the ultimate fulfillment of the Bush administration’s dream of a unitary executive.

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