Yes, it is Radical, Mr. Secretary!

Yesterday, Rep. Manzullo(R-Ill.) told Sec. Geithner that his plans for institutional takeovers was radical. Of course, Mr. Geithner said his proposal isn't radical, how else would you characterize giving the Treasury Secretary the power to seize private businesses. Rep. Manzullo was completely right it is a radical plan. Since the Treasury is a political department what is to say that the firms past political donations will not be made a condition of saving them? Or if the Treasury is in charge of seizing the businesses and breaking them up, will the strong parts of the companies go to political allies. This proposal is nothing more than a power grab designed to increase the control of the Democrat Party on all aspects of American Life!