Raystonn
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July 08, 2014, 07:54:00 AM

No.  That's crony capitalism.  Laissez-faire economists oppose crony capitalism.  Please educate yourself here: http://en.wikipedia.org/wiki/Crony_capitalism
Thank you, but I lived in the US 13 years starting with Reagan's election.  I have seen it happen in real time. And I have seen that here in Brazil too, before and after that. It was deregulation, not government intervention, that created the monster banks and all economic crises since then. 

[...] When the house of cards finally collapsed, they already had enough power over the government to force it bail them out with taxpayers money.  That is where laissez-faire capitalism inevitably leads to.

No.  That is where crony capitalism inevitably leads.  Nobody here is arguing for crony capitalism.