Thursday, January 22, 2009

Some Ask if Bailout Is Unconstitutional

http://www.nytimes.com/2009/01/16/us/politics/16challenge.html?scp=1&sq=bailout%20is%20unconstitutional&st=cse

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---------- Forwarded message ----------
From: barry levine <levinebar@gmail.com>
Date: Fri, Jan 16, 2009 at 8:55 AM
Subject: re: Some Ask if Bailout Is Unconstitutional
To: letters@nytimes.com


To the Editor:
    While the question of delegating Congressional Powers--whether in war-making or in matters of the Purse--is real, the assertion from the FreedomWorks Foundation is factually wrong. This $700 billion bailout is not the biggest delegation Congress has attempted. That honor belongs to the Iraq invasion. Even if one ignores the other costs and tallies only the dollars, we have committed over $2 billion to that venture, and we're not done yet.
Barry Levine

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