The AP story Bailout plan draws bipartisan anger at Capitol has a bunch of great quotes by a number of Republicans and Democrats, all of whom are against the bailout, and at least one who gets the constitutional issue that so many legal bloggers have been discusing.
Quoting Senator Dodd, the head of the Senate Banking Committee
Dodd and others indicated that the stakes are too high for Congress not to act, but they made clear they would insist on changes in the administration's weekend changes. Dodd said the administration's initial proposal would have allowed the Treasury secretary to 'act with utter and absolute impunity — without review by any agency or court of law' in deciding how to administer the envisioned bailout program.
'After reading this proposal, I can only conclude that it is not just our economy that is at risk, Mr. Secretary, but our Constitution, as well,' Dodd said."
