Eliot Spitzer has begun his bi-weekly column for Slate Magazine. The column, titled "The Best Policy," will cover government, regulation and finances and has the declared mission of "making government work better."

In his first column, Spitzer spotlights the recent acquisition of 5 Chinese made mid-sized airplanes by GE and parallels it with the initial steps that allowed Asia to enter our auto market 50 years ago. While Boeing still leads globally, is this the beginning of the end for one of our few remaining domestic industries?

Also, Spitzer raises the concern - one that has been raised by many others at this point - that through the bailout, the government is merely funding a failed status quo. Spitzer writes, "So far, at least, we are simply rebuilding the same edifice that just collapsed. None of the investments has even begun to address the underlying structural problems that are causing economic power to shift away from the United States, sector by sector."

Read more here .

As much as I hate to give credit to the man, who now famously, wore his socks in bed, credit belongs where credit is due. His future columns might be worth the read.