Re: Scratching my head
The point:
We are told - again and again - that financial failures are due to a lack of sufficient government control over the financial system. That if only there were more political control over the private sector, more regulations, things would finally work.
This does not stand up very well to historical observation. The article on Canada was just one example. My point on the current financial situation in Europe was another. My point on the history of American financial regulations was yet another.
It's entirely possible that the answer lies in some direction OTHER than "more government."