Proposal

Here's my idea. It appears to be becoming a habit that we rescue companies with big chunks of government money because they are "too big to fail."

What if we decided that if they are too big to fail, they are also too big? Period. What if we decided that this was the perfect definition for the violation of anti-trust? What if the condition for accepting government bailouts was that you had to break your company up into a lot of small ones?

I thought of this the other day and have become quite fond of it. Then these nice small companies could die to their heart's content. There would be a transition, just as there is with any anti-trust break-up.

It would be the company's choice: work out your own solution to your financial problems or accept government money and break up into smaller companies. For me this is a traditional capitalist solution, contrasting sharply with the socialist solution where the government buys into the corporations.