@ewisniowski @marick @SteveRoth @mpjgregoire @swart it’s interesting timing to read the Heath piece. the immovable object of American suspicion of executive power has finally been overcome by the irresistible force of a DGAF administration. the result is likely to be catastrophe.

executive power has thick tails. you really want to pair it with institutions of good judgment that would bias towards the rightward tail.