If TARP is a slush fund, everything's arbitrary. We're no longer a nation of laws; we're a nation of Treasury and White House officials with hundreds of billions of dollars of taxpayer money to dispense as they see fit.
The Blind Looting the Blind - Kevin Williamson touches on many of the points discussed yesterday about top-down control of complex systems. You can't plan for creativity, novelty, and u...
15 hours ago