Arnold Kling’s Handy Predictor

From the Econlog[*1] blog:

For quite a while, but especially over the last nine months, the best way to predict developments in politics and finance has been to ask: what will do the most to increase the concentration of power? Every headline, from the Geithner regulatory plan to the proposed cap on the charitable deduction, to the resignation of the General Motors CEO, should be viewed in that light.

Is this the CHANGE you voted for? More power concentrated in even fewer hands? If so, “mission accomplished . . . heckofa job.”