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Originally Posted by epitome
Is too big to fail OK or should it have been prevented?
If it should have been prevented, do you still think that would be acceptable regulation if we get a smaller government?
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The government should prevent anything being too big such that it protects the country and it's citizens which is one of it's prime purposes in the first place. "Enemies" of a country and not just those armed with weapons and/or that have the intent of doing harm to it's citizens and way of life. IMO a company who's policy and actions bring harm or can bring harm to a country and it's citizens must be viewed as a type of "enemy". In the case of companies, they need to be regulated "enough" so that those circumstances don't come about. Seriously. If companies had a free reign to do whatever they want they would destroy everything and then move on to the next place. History has shown this time and again.
A drunk guy doesn't get in his car and drive home with the intent of killing someone. Laws are in place to prevent him from doing that as a byproduct of his irresponsibility towards his fellow citizens. Companies are no different.