[Tempest]

Uhhh where’s the private sector in your arguement? The banks and AIG are al practically owned by the government at this point?

[SAJ]

They weren't when they fomented the problem, courtesy of greed and ridiculously lax and/or ineffective regulators. The banks and AIG are only owned by the goobermint now because of yet still more incompetence on goobermint's part in executing these ludicrous, and damned nearly criminal, bailouts.

The Swedes solved this type of 'crisis' very nicely in 1993-1995. One would have thought they'd solved it once and for all, for similar 'crises' in future...but then one wouldn't have reckoned with the level of incompetence of which the US goobermint is capable.