The problem with bipartisan compromise

Tme to recognize the obvious:

The government is trying desperately to find a middle ground between bankruptcy and nationalization, but I fear that middle does not exist. Little good comes from allowing private entrepreneurs to bet with public funds, so public funding leads inexorably to public control. The problem with large subsidized, nationalized companies isn't just that those entities will be run inefficiently. If GM is split up in a bankruptcy court, this will provide an opening for competitors, many of whom will buy up pieces of the company. If GM is kept whole and public, then taxpayers will pay heavily to crowd out entrepreneurship.