" actions by the Federal reserve and congress are both part of the system" Normal actions by the Fed are not tantamount to bailouts. The Fed exists just as mu

" actions by the Federal reserve and congress are both part of the system" Normal actions by the Fed are not tantamount to bailouts. The Fed exists just as much to bail out the rich as it does for anything else. It's a massive and existential form of systematic inequality. 'We need the government to intervene' - ok, but then 'we' also need to take ownership of said companies and allow the feckless investors to eat dirt. Then maybe they can price in risk more effectively, which is what recent market rallies indicate they won't do. Imagine what stock prices would be without the looming guarantee of bailout ...