Tuesday, March 09, 2010

GM Stake Compromises Obama in Toyota's Recalls | Daniel J. Ikenson | Cato Institute: Commentary

GM Stake Compromises Obama in Toyota's Recalls | Daniel J. Ikenson | Cato Institute: Commentary: "there is no avoiding a conflict of interest when the government regulates an industry in which it has major stakes in one of the firms. One cannot objectively referee a race in which it has its own horse."