Did U.S. taxpayers dodge a bailout bullet? Maybe not completely. To be sure, under the $700 billion credit-crisis bailout plan proposed by U.S. Treasury Secretary Henry M. “Hank” Paulson Jr., there were some decidedly scary codicils. For one thing, there was a near complete lack of taxpayer protection. To see what I mean, just take a look at the part of the plan that reads: “Decisions by the [U.S. Treasury] 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.” No courts? No administrative agency? No kidding … As Jason Linkins writes in The Huffington Post, Section 8 of the Paulson plan allows for a “consolidation of power and an abdication of oversight authority that’s so flat-out astounding that it ought to set one’s hair on fire.” Section ...