HMM. IS IT JUST ME, OR DOES THIS LOOK LIKE a lefty response to the Tea Party protests? Nobody likes to feel left out! And imitation is the sincerest form of flattery.
That said, I agree with this: “Any bank that’s ‘too big to fail’ means that it’s too big for a free market to function.” And, as I noted, Jerry Pournelle has been saying the same thing since November. Perhaps there’s common ground to be found; it’s not as if what’s been going on in the financial sector has been true free-market capitalism anyway.