There are no Rules

... and Jennifer Rubin's on to the whole sorry charade. Apparently, anyone participating in the effort to remove toxic assets from the banks will be placed under the same rules that restrict the banks now.

Really, at this point any CEO who agrees to do business with the government should be fired. If he signs up with the government, he in essence is turning over control of his company to political operatives who bounce from position to position like ping pong balls. Public opinion squawks, they jump and the rules are different. This is the worst form of statist intervention — lawless and unpredictable. It operates outside any published regulatory regime or statute and without regard even for a gentleman’s promise. No business can operate successfully this way; the entire financial sector of our economy certainly cannot.

Read the whole thing.