http://www.cato-at-liberty.org/who-wants-to-be-too-big-to-fail
Who Wants To Be ‘Too-Big-To-Fail’?
Posted by Mark A. Calabria
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I’ve argued that the Dodd-Frank financial reform bill does not end “too-big-to-fail”, that is the belief that certain companies are implicitly backed by the government because policy-makers are unlikely to let said institutions actually fail. By naming some companies as ”systemically important” — as required by Dodd-Frank — the government is actually sending a signal as to who is likely to be bailed out.
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What a sham. The Gooferment controls the “corporations” and visa versa.
The IRS can end “too big to fail” with one law from Congress.
“No corporation can have a balance sheet of more than 1T$”.
End of discussion.
Let the chips fall where they may.
No bailouts.
Ever!
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Reinke Faces Life 