“Here’s the problem. Once we start thinking of large financial institutions as too-big-to-fail institutions with oversight by a systemic regulator, it is tempting to start thinking of these institutions as public rather than private.”
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Public or private are the same as far as the amount of social irresponsibility is concerned. If the situation is out of hand then it needs attention to bring it back into proper use.
TAX LAND NOT PEOPLE; TAX TAKINGS NOT MAKINGS!