Too big to fail
A lot of people are claiming that all of these bailouts are necessary because these companies are "too big to fail" which does not mean what it sounds like it means. It SOUNDS like it is saying these companies are so large and well funded that it is impossible for them to fail, but in reality what they are saying is that they are too large to be allowed to fail because of the economic damage they would cause if they did. But that begs the question: What happened to the Sherman Anti-Trust act? Wasn't the point of the commerce department ruling on mergers and acquisitions to keep companies from becoming too big and too powerful? How is it that so much money and power got concentrated in so few hands? And more importantly, how do we prevent a recurrence of this in the future?