Well, I’ll give it a try
“If we had less regulations, then there would be no such thing as “too big to fail””
That’s plain wrong. “Less” regulations created the so-called “to big to fail.”
“and the market would punish poor decision makers.”
“The market” what’s that, a moral entity?
“would punish” How does the market “punish”
“poor decision makers” No, it rewards “poor decision makers” with huge salaries and bonuses. More risk, more reward, and get out when the getting is good. That is rational economic decisions, the product of the “free market” that has no mystical moral restriction by moral actors acting in “self regulation.” That’s Greenspanian delusionalism.
Thanks. I appreciate your attempt to explain yourself.
“Less” regulations created the so-called “to big to fail.”
The too big to fail was not caused by too many or too few regulations. It is a marxist belief that the free market cannot do its job. In the 1800s numerous large corporations went bust because of poor business practices. In the 1800s, with very little gov't regulations, the free market worked, and it worked very well.
“The market” what’s that, a moral entity?
You haven't a clue about economics, do you?
How does the market “punish”
The market drops the value of corporations that are poorly managed since they will not be earning much money. If you invest in a poorly managed company, you ain't going to make much money and in fact you might lose it -- all.
No, it rewards “poor decision makers” with huge salaries and bonuses.
I think you have been listening to and believing in the MSM mantra that Wall Street is bad, as we move forward on our March to Socialism. Businesses that pay for poor performance get exactly what they pay for -- poor performance. These businesses die and are replaced with companies that have sound pay policies.
Our problem is that we allow poor decision makers to recoup their losses at taxpayer expense. Let em die on the vine. See how many of the poor decision makers get rehired if the government is not around to bail them out. Managing a failed company does not look good on one's resume.
You are taking your focus off of the marxist policies that the democrats are touting and you are blaming big business for America's ills. You are getting sucked into the big lie.