Comments on: Hostage-Taking http://www.theamericanconservative.com/larison/2008/09/23/hostage-taking/?utm_source=rss&utm_medium=rss&utm_campaign=hostage-taking n. the principle of good order<br /><br /> "Observe the strange inversion of all order and sense! Dignity debased; how vilely is the function of a consul prostituted!" ~The Craftsman Fri, 10 Feb 2012 02:25:26 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: JBraunstein http://www.theamericanconservative.com/larison/2008/09/23/hostage-taking/comment-page-1/#comment-14293 JBraunstein Tue, 23 Sep 2008 23:11:53 +0000 http://www.amconmag.com/larison/2008/09/23/hostage-taking/#comment-14293 "Too big to fail should mean too big to exist." I'm inclined to agree with this. But I think the generation of such entities would be impossible in a free marketplace, sans government privileges, subsidies and competition-squashing regulation. But just wait until all the current Big Boys get finished scarfing up the more vulnerable small to mid-size firms at fire sale prices. Talk about 'too-big-to-fail". Is it just me, or do we seem to be shifting more and more towards neo-feudalism every time we have one of the boom-bust-consolidate-inflate cycles? “Too big to fail should mean too big to exist.”

I’m inclined to agree with this. But I think the generation of such entities would be impossible in a free marketplace, sans government privileges, subsidies and competition-squashing regulation.

But just wait until all the current Big Boys get finished scarfing up the more vulnerable small to mid-size firms at fire sale prices.

Talk about ‘too-big-to-fail”.

Is it just me, or do we seem to be shifting more and more towards neo-feudalism every time we have one of the boom-bust-consolidate-inflate cycles?

]]> By: rawshark http://www.theamericanconservative.com/larison/2008/09/23/hostage-taking/comment-page-1/#comment-14290 rawshark Tue, 23 Sep 2008 22:17:18 +0000 http://www.amconmag.com/larison/2008/09/23/hostage-taking/#comment-14290 'this is really not much more than serving the interests of a relative few at the expense of the many. ' Isn't that supply side economics in a nutshell? Isn't it conservative economic policy that government exists to serve the (nobles) wealthy? I think it needs to be pointed out that conservatives were on the side of the king back in the late 1700's, power to the people is not what they are about. ‘this is really not much more than serving the interests of a relative few at the expense of the many. ‘

Isn’t that supply side economics in a nutshell? Isn’t it conservative economic policy that government exists to serve the (nobles) wealthy?
I think it needs to be pointed out that conservatives were on the side of the king back in the late 1700′s, power to the people is not what they are about.

]]> By: masterleep http://www.theamericanconservative.com/larison/2008/09/23/hostage-taking/comment-page-1/#comment-14287 masterleep Tue, 23 Sep 2008 21:33:13 +0000 http://www.amconmag.com/larison/2008/09/23/hostage-taking/#comment-14287 It is extremely hazardous to allow a 'too-big-to-fail' entity to exist, since any problem the entity runs into can be used to justify extortion of the taxpayer. The entity knows that, and hence it can take insane risks. Too big to fail should mean too big to exist. The sad thing is the government is combining failed institutions into even bigger entities to try to salvage things. What they should be doing is breaking them up. It is extremely hazardous to allow a ‘too-big-to-fail’ entity to exist, since any problem the entity runs into can be used to justify extortion of the taxpayer. The entity knows that, and hence it can take insane risks.

Too big to fail should mean too big to exist.

The sad thing is the government is combining failed institutions into even bigger entities to try to salvage things. What they should be doing is breaking them up.

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