Never Have the Government Involved in Your Business

I love this quote!

You never want to have the government involved in your business,” said Philip Orlando, who helps manage $410 billion as the New York-based chief equity strategist of Federated Investors Inc. . “They’re not businessmen; they’re bureaucrats. They don’t understand capitalism, they don’t understand the profit motive and they don’t understand the financial industry.

Mr. Orlando was taking about the possibility of the Feds taking control of Citigroup, but I'm pretty sure that it also holds true for the Feds owning 60% of GM. To further my fear of what's going to happen, simply read "The 31-Year-Old in Charge of Dismantling G.M."