You gotta be kidding me. It’s been as fettered as it gets, led by the fed.
This is the trick played on everyone.
We have an overly regulated system, but we foolishly call it “capitalism” so when the overly regulated system fails, we say “capitalism fails” and therefore need more government intervention.
Stupid as it gets.[/quote]
I don’t understand where the meme is coming from that bailout==regulation. Bailout is the socialization of loss, after having privatized all the profits. Bailout is the polar opposite of regulation.
Bailouts led by the fed is a sign of regulatory failure, or insufficient or weak/errant regulation. It is not a sign of excess regulation. It is a sign of corporate welfare or pseudo-capitalist welfare.
What is needed is STRICT and HONEST regulation, not the fake stuff that we have.
