Today in the Wall Street Journal: an article about the power grab going on with the federal governement.  It is truly a shame.  The people make these decisions have no idea what they are doing.  Heck hedge fund managers and investment bankers don't either.  But worse, these loans, grants and equity injections are being done at the political level?

Washington is now the center of finance.

About the on going power grab by the state:


http://online.wsj.com/article/SB123879833094588163.html