Hobgoblins

clipped from article.nationalreview.com Obama insists that he doesn’t want the government to run car companies, but he has fired CEOs, demonized bondholders, ensured the UAW gets the sweetest deal, and guaranteed warrantees. He insists that he doesn’t want to run banks, but his Treasury Department hesitates to take back some of the TARP funds that give them influence over bank policies. He’s critical of Wall Street, but he signed off on Treasury Secretary Tim Geithner’s remarkably generous plan to give hedge funds and private investors a low-risk, high-reward option on toxic assets. Much of this is explained by Alinsky’s epigram, “In the politics of human life, consistency is not a virtue.”