> The biggest problem is there was no stick. We have a system that publicizes risk and privatizes losses. I don't think that's going away any time soon. Tryi

> The biggest problem is there was no stick. We have a system that publicizes risk and privatizes losses. I don't think that's going away any time soon. Trying to create a "stick" will be met with complaints of government overreach. Those same complainers will put on a show of holding their noses while filling the feedbag with as much carrots as will fit. There are enough people in Congress that want to carve some sticks. But when it comes down to it, they don't have the guts to watch the herd starve just to make a point. If I were a member of Congress, I'd probably cave too. It would be nice if we could have a system that punishes those who destroy our economy, but it's not worth letting innocent people suffer to make that happen (IMHO).