Jeff2422 Wrote:
Apr 25, 2013 7:39 AM
The weird thing about the loan guarantees authority for administrative agencies was that it started in the middle of the Watergate investigation and Nixon's eventual resignation. So while Congress was impeaching Nixon for misusing public funds for political ends and forming private slush funds they gave the Executive the authority to essentially do the same thing through these loan programs. I guess it is true, it all depends on who's ox is being gored in DC.