[jazusamo]

*PING*
Thomas Sowell

Recent columns
“Empathy“ Versus Law: Part II
“Empathy” Versus Law
The Housing Boom and Bust

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[livius]

Barack Obama's vision of America is one in which a President of the United States can fire the head of General Motors, tell banks how to bank, control the medical system and take charge of all sorts of other activities for which neither he nor other politicians have any expertise or experience...The Constitution of the United States gives no president, nor the entire federal government, the authority to do such things. But spending trillions of dollars to bail out all sorts of companies buys the power to tell them how to operate...

That sums it up. Excellent article!