Saturday, September 20, 2008

Hank Paulson and Section Eight- Crazy on You

Military:
The term Section 8 refers to a former discharge from the United States Military for reason of being mentally unfit for service.
  1. A U.S. Army discharge based on military assessment of psychological unfitness or character traits deemed undesirable.
  2. Slang. A soldier given such a discharge or behaving as if deserving such a discharge. [After Section VIII of World War II U.S. Army Regulation 615-360, which provided for the discharge of those deemed unfit for military service.] Source
Financial:
Sec. 8. Review
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.
-Text of Draft Proposal for Bailout Plan, NYT 20Sep08
Commentary by the Wilson sisters:


(their father retired with the rank of Colonel, United States Marine Corps.)

"And so it goes" 10:29 p.m. EDT 20Sep08