Market Correction

Howlin' at G.M.
2 June 2009

Editor, USA Today

Dear Editor:

Obama administration officials Steven Rattner and Ron Bloom assert that politics will "play no role" in running the new government-owned G.M. ("'A hands-off approach'," June 2).

To believe this assertion is akin to believing that a wolf-pack that corners a crippled elk will play no role in devouring the helpless animal to satisfy the wolves' own hunger.

Politician will no more cast off their own nature than will wolves. Both species are natural predators.

Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on Friday October 16, 2009 at 9:54am

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