Like a fat kid at Golden Corral, Geithner just can't help himself:
The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document.
The government at present has the authority to seize only banks.
The people on the right who supported Obama on the "lesser of the two evils" grounds are probably feeling like a sorority girl who woke up after a long night of partying naked next to a fat, townie wino right about now. "He isn't a Socialist! See, he doesn't support Hillarycare or Karl Marx." Puh. Lease. The signs were all over the wall in a neat diagram with incredible, mathematical precision in terms that even a small child could grasp if they look at it with both eyes open and their brain turned on.
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