Wednesday, May 06, 2009

Ogabe's Line

clipped from pajamasmedia.com
“We are hardly Zimbabwe, or even Venezuela. But if we keep using TARP to create a sort of ‘Most Favored Borrower’ status, we’ll erode the safeguards that keep election to office in America from being the kind of giant spoils system that’s common in much of the world.” We didn’t used to be a place where it was necessary to remind people that we are not Zimbabwe or Venezuela. But we’ve crossed that line already . . . .