The solution to excessive speculation and crap underwriting? END MORAL HAZARD.
Nationalize the Federal Reserve. End private ownership by Banks.
And next time Wallstreet leverages the wrong way in a Bear Market? They go bankrupt.
That's Capitalism.
Instead, these Political schmucks would tax retailer's and Mainstreet shuffling around their IRA's, while Goldilocks and Big Investment Banks get a pass.
It's total bullshit.
END MORAL HAZARD.