Insomniactive

From George Will, a proposal which would be mighty unpopular on Mahogany Row at Freddie Mae and Freddie Mac:

McCain’s populism, if such there must be, should be distilled into one proposal that would be popular and, unlike most populism, not economically injurious. The proposal, for which he has expressed sympathy, is: No officer of any corporation receiving a federal subsidy, broadly defined, can be paid more than the highest-paid federal civil servant ($124,010 for a GS-15). This would abruptly halt the galloping expansion of private economic entities — is GM next? — eager to become, in effect, joint ventures with Washington.