We have an unelected, unaccountable administrative state that sees itself as separate from, and above the people. Now, it is intervening to make sure it gets a government that will be amenable to its rule. The latest example of this is a stunning statement from former Fed monetary Vice Chair William Dudley. He was quoted in Bloomberg saying that the Fed should help defeat Donald Trump in the upcoming presidential election. “Officials could state explicitly that the central bank won’t bail out an administration that keeps making bad choices on trade policy, making it abundantly clear that Trump will own...