Science and SF writer Jerry Pournelle on the banking bailouts:
[M]y remedy is simple: any company that is too large to be allowed to fail is too large, and ought to be subject to anti-trust regulation.I actually disagree: neither the bailed-out banks nor the big-3 automakers have "market power," and requiring a "Standard Oil-type" divestiture into smaller companies in either industry wouldn't help consumers (overcapacity is a major cause of the weakness in the vehicle manufacturing market; better that some car "badges" be terminated).
Still, I can't help admiring such a well-formed phrase.
John Hawkins of Right Wing News agrees with Pournelle. I amplify in comments why linking opposition to bailouts and antitrust law doesn't work.