capitalism
we've taken a huge step towards socializing this country. as a devout capitalist i find this disturbing. i agree we can't really let our huge financial institutions fail. we should bail them out. we should also split them up into many smaller companies. and restore the regulations that were there to protect the interests, not of the shareholders, but of the customer. a single huge bank knows it's too big for the government to let it fail. therefore, it can take all sorts of risks knowing there's a poison pill safety net. if there are hundreds of smaller banks, some will take risks and be rewarded cause they're smart or lucky or both. some will take risks and fail. that's a fundamental principle of capitalism. which i might re-assert is one of the things that made us the greatest nation on earth. our claim to that title is a bit wobbly. cause our adherence to our economic foundations has been eroded.