President Bush has often said, "I don't believe the government is to try to pick winners and losers ..." Aside from the fact that this is grammatically incorrect, the bigger point is that this is precisely what his administration did in deciding to bail-out Bear Sterns, AIG, Fannie & Freddie -- but not Lehman Bros. Activist government is dangerous for many reasons, not least of which is the fact that it is patently unfair ...
