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Banks Have The Runs, Congress Constipated, Dictator Delighted

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Kim McDaniel
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"Everyone except the U.S. government, of course, which is so blatantly engaged in illegal financial transactions that it now qualifies as a money laundering criminal itself," Adams pointed out.

As if that weren't bad enough, United States Treasury Secretary Henry M. Paulson Jr. recently created a plan that will allow the President and the Treasury to take what amounts to complete dictatorial power over United States financial markets. And, according to Paulson's plan, there would be NO judicial oversight.

After all, lawsuits just slow things down and, when you're making an unprecedented grab for power, you have to move QUICK while everyone's still upset about the crisis and before anyone notices what's really going on.

Um. Kind of like all the unprecedented power grabs that occurred immediately following 9/11?

"It sounds like Paulson is asking to be a financial dictator, for a limited period of time," said historian John Steele Gordon.

Frank Razzano, former assistant chief trial attorney at the SEC, said that Bush is seeking ''dictatorial power unreviewable by the third branch of government, the courts, to try to resolve the crisis."

"We are taking a huge leap of faith."

Uh huh. And so are we. Against our collective wills.

Is there any way to stop that giant flushing sound once it starts?

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Kim McDaniel is an author, artist, activist located in Central California.
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