> Scott wrote:
>
> I love that.  Why is it OK forcomapnies, but not people though?
>

It's not ok for either, but there's a few underlying, but key, points:

(1.) Companies are supposed to be most sophisticated than "people".
That's the whole reason hedge funds, for example, aren't regulated.

(2.) If "people" go bankrupt it has no effect on the broader effect on
the economy.

(3.) It's a super fun notion to think of the US as a "free market" but
it isn't.  And it isn't for a reason: you.  You're not willing to
tolerate the effects of a free market and neither are any of your
neighbors.  In other words, the population as whole prefers regulation
with fewer peaks and valleys to less regulation with more peaks and
valleys.

So there you have it: your garage logic made to look for the fool it is.

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