>A More Realistic View of Capitalism
>
>This article dives further into the causes of the 2008 financial meltdown and reaches a conclusion I had not previously thought about. Question : If the US caused the mess through regulation/deregulation/housing/CDS/etc, why was the meltdown worldwide?
>
>Food for thought.
>http://online.wsj.com/article/SB10001424052748704454304575081680480599148.html

Do you expect a realistic view of capitalism from the Wall Street Journal? They are the ones wearing short skirts and shaking pompoms. Even when capitalism leads us to the brink of worldwide economic catastrophe they remain unrepentant.

Even so, to say that diminished government oversight did not contribute to the crisis is a bit jarring. We should all know now with crystal clarity that unrestrained capitalism has some toxic potential side effects. For sure we should not continue to allow the institutions that are "too big to fail" to make reckless gambles with too little cash in reserve.