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AR15.COM
9/29/2008 12:07:51 PM EDT
Lets say that congress still doesn't pass this bailout clusterfuck for another two weeks or more.  The president then comes out and says "due to the inability of our legislative branch to meet the demands of this crisis, and the risk to our national security, as well as world security that it poses, I am declaring a state of emergency."  He then demands under the dictatorial powers that this provides for him that the money requested for this bailout, and gives it to these banks and insurance companies, and whatever else may fail from here till then.  

Does this sound likely, or even possible?  There are legal provisions that would give the executive branch pretty much dictatorial powers in the event of a shtf scenario, for those who don't know.  Economic breakdown is one of the factors mentioned in the continuity of government bill.  So saying that it legally can't happen, is flat out wrong.  But is it likely to happen?  Is this whole fiasco the exact thing they've been planning for, to make this move and basically neuter congress (more than it already has been) and the judicial branch?  
9/29/2008 12:14:34 PM EDT
[#1]
McCain would bull whip him at the first sign of this.
Plus DOW only down 1000
give it two weeks and I say we are back 500 of it WITHOUT bail out

If he waits two weeks and we are not collapsed then we dont need a bailout.