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Some might say this surgical approach is prone to political "manipulation," with politicians fiddling with rates and regional variances. Although imho all Capital allocations are political, it's just a matter of who has effective control over the political decision to allocate, and to what degree. And measures to increase the degree to which representatives of the people (as opposed to oligarchs) have control over this process is a good thing.

The Hun is always either at your throat or at your feet. Winston Churchill
by r------ on Wed Sep 12th, 2007 at 10:07:46 AM EST
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