The more people dig into the details of the stimulus bill, the more it becomes clear that it’s purpose is not to jolt the economy back to action, but to create new entitlements and move us further along the path to nationalized health care.

Shouldn’t the lack of details in Son of TARP indicate how much room there is for error? Evolution and markets allow room for good enough. Legislation, because of its durability, leaves less room to correct errors as they arise.

The whole legislative process in Washington is starting to resemble the budget process here in Raleigh.

Updated for clarification