Even The New York Post Gets It Right, Sometimes

Actually, Nicole Gelinas is one of their better writers. Here, she makes the case for doing away with the concept of "too big to fail"--a concept that simply proves how much capitalism in this county has become almost identical to the state-sponsored enterprises in the former Soviet bloc. If capitalism is to have any moral basis at all, that basis must rest in the possibility that a bad enterprise gets the fate it richly deserves, with government aid going only to the innocent losers (e.g., workers, customers, and sometimes investors), but not to the manipulative bastards checking the ripcords on their golden parachutes.