by Thomas J. Belknap The Office of Financial Stability?

The office of who in the what, now?

For a party dedicated to the idea of smaller government, the Bush Administration’s penchant for developing new and highly dubiously Orwellian new government agencies must seem a bit distressing.  Personally, I’m freaked out by that Orwell sense of the world that keeps leaking out:

CNNMoney.com Pre-Market Report - Oct. 13, 2008

At 8 a.m. ET, Neel Kashkari — appointed last week to oversee the $700 billion U.S. bailout program and the newly created Office of Financial Stability — will make his first public speech. Kashkari, a former executive at Goldman Sachs, is expected to offer details about how the bailout will be implemented.

The Office of Financial Stability.  The Department of Homeland Security.  Seriously, this sounds like stuff out of a Tom Clancy novel about Russia.  Yet CNN just lets this slide on by without comment.

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