Yes folks, according to the Washington Post, if the banks don't get to call the shots, then it's politicization. This is not a joke, that is exactly what the Washington Post said in an editorial about Senator Dodd's plan to have the Fed's district bank presidents approved by Congress rather than the banks in the district. In Washington Post land if we let Pfizer and Merck appoint the directors of the Food and Drug Administration, then we can depoliticize the FDA. We can let Disney and Time-Warner appoint the directors of the Federal Communications Commission to depoliticize the FCC. It's an interesting conception of government.
--Dean Baker
