bald man blogging

Someone finally said it. It’s taken nearly six months, but someone is finally calling for the trust-busting stick. Baseline Scenario linked to this site yesterday.

DECENTRALIZE: Banks must be broken up and sold back to the private market with new antitrust rules in place– new banks, managed by new people. Any bank that’s “too big to fail” means that it’s too big for a free market to function. (A New Way Forward)

That’s what I’m talking about. I’m less certain of the need to nationalize, but only marginally so. This, however, reorganization into smaller companies is something I am convinced of.