Jim Is Right

I couldn't agee more. We would have not had systemic collapse if the banks that had screwed up were allowed to fail. You just can't have it both ways and still call yourself a capitalist.

Re-leveraging simply gives more money to the incompetent and changes the rules of the game so that the competent don't want to play.

In order for us to heal we need honest capitalism, not a bunch of incompetent, corrupt bankers. Good ones can't take their place unless the government quits bailing out the bad ones.