Should the Treasury be able to seize private businesses? Non-financial businesses and financials alike? The government thinks so, as long as they deem the private business to be a “systemic risk.”
One minute and seventeen seconds in (1:17), Treasury Secretary Tim Geithner looks a tad disoriented at the thought of his actions needing to fit within a Constitution.
The upside to this video is some of our representatives at least have a pulse.