What does Planegate tell us about Nationalization of the finance, auto and health care industries among others?
I agree with John Hinderaker over at Power Line.
So at this point it us unclear whether there is a story, other than the basic stupidity of the operation, or not. But let’s assume there isn’t. Assume, as I originally thought, that this fiasco illustrates the kind of arrogant and clueless decision-making that a government bureaucracy inevitably produces (not, of course, all the time). One might wonder, then, whether it is a good idea to turn our energy system, our health care, our children’s education, and our banks and auto companies over to institutions–here, the Obama White House–that can’t be relied on to make sane decisions.
