Treasury Secretary Paulson is still employed because...

The New York Times has reported the following sentence from the original proposal in, A Bailout Above the Law, which would give the Secretary of the Treasury unlimited power - even more than the president on financial matters:

“Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency,” the original draft of the proposed bill says. And with those words, the Treasury secretary — whoever that may be in a few months — will be with vested with perhaps the most incredible powers ever bestowed on one person over the economic and financial life of the nation. It is the financial equivalent of the Patriot Act.

Our nation can't have this kind of arrogance and tyranny foisted upon us. One thing is certain - we need a few days so that Republicans can work to get more free market measures into the bill. Additionally, people who know have said that SEC Chairman Cox could relieve some of the financial pressure by changing the "mark to market" accounting feature. With the stroke of a pen, no bills needed. So, why hasn't he acted? Because there is more to this than meets the eye. A bill of $636 billion dollars was passed just a few days ago. We Americans have to be on guard; the future of our children and grandchildren is being mortgaged - recklessly. But 95 Democrats and 133 Republicans stood firm against socialism. Reportedly, close friends of Ms. Pelosi and Democrat subcommittee chairmen voted against the bill so I'd say 228 Congressmen put partisanship aside and did vote for their constituents and for the nation. We need a refined initiative/bill and perhaps the next day or so will give Congress the time to improve the bill. Excessive government spending and Freddie and Fannie not receiving oversight by Barnie Frank and company have led to this mess. And please, for the love of God, lets take "political correctness" for the purpose of buying votes out of the lending business.