It’s sad because it’s true
The good news is that, when it comes to reshaping the U.S. mortgage market [any market for that matter — ed.], the Obama administration’s top guns are bringing to bear all of the brisk, rough-’n’-ready entrepreneurial know-how they picked up in their previous careers as university professors, nonprofit activists, and holders of political sinecures.
Found via Simberg
One of your blogmates said it best downthread: “the problem with centrally planned economices is that the Central planner is required not to be batshit insane.”