“Extraordinary leverage over the national economy”

Did we imagine that it was not going to occur to anyone to have the government start using its big new stakes in banks and other commanding heights of the economy to, as it were, command? (David Frum, Oct. 30).

One Comment

  • Nice find. The notion that the government can send its own employees to shareholder meetings and at once both complain that its ROI is not strong enough and also launch an SEC investigation is unsettling. I imagine a political cartoon of a judge telling the accused, “You’re under arrest – any last words?”