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In his opening statement, Paulson struck a defensive tone, blaming Congress for misunderstanding him in thinking he didn’t want robust oversight. He just didn’t want to be “presumptuous,” he explained:
Watch it:
Paulson is rewriting history. Far from avoiding “presumption,” Paulson’s plan released last weekend explicitly denied any review at all of his actions:
http://thinkprogress.org/2008/09/23/paulson-oversight/
We gave you a simple, three-page legislative outline and I thought it would have been presumptuous for us on that outline to come up with an oversight mechanism. That’s the role of Congress, that’s something we’re going to work on together. So if any of you felt that I didn’t believe that we needed oversight: I believe we need oversight. We need oversight.
Watch it:
Paulson is rewriting history. Far from avoiding “presumption,” Paulson’s plan released last weekend explicitly denied any review at all of his actions:
Section 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.
http://thinkprogress.org/2008/09/23/paulson-oversight/