[titansrule]

You could argue that it was the big businesses neglecting the idea that the Free Market always works, and the idea of an "invisible hand", that caused this. They over looked it, got too big for their boots, and like clockwork, came tumbling. They should have been allowed to fail. They did fail. But they got bailed out. It just shouldnt have happened. Cash is right, it was time for them to be reset.

What you are proposing Billster, is obviously left wing and Anti Free Market. The idea that a government official can Veto any "unnecessary risks". Who are they to determine what an unnecessary risk is? Why and how are they more informed? You are telling me it could be a one man operation?

Firstly, if it was a one man operation, the corruption and incompetenance that could and would lead to are considerably worse than leaving the business to existing economic laws. But possibly more importantly, the implementation of such a plan would mean officials at all levels of the company, and widespread to see the potential pitfalls of company decisions and actions.

Essentially they would be there to stifle a company. Anyone with any sort of economic and business sense knows it is an idea that could only be proposed by a non capitalist. An overregulated economy cant flourish. From the outside looking in, I would say that is evidemt within your own country Billster. You have overregulated and are now trying to escape.

A further point, though wrong in my eyes due to its lack of compatibility with proven successful economic practices, this idea of a government official overlooking what happens. The all seeing eye as it were. Think about his motives. The motive of a government official is to be re-elected. Thats just how it goes. Now why would they stop a decision from a company the effects of which might not be felt until they are out of office? Further still, bad short term decisions could in fact benefit them. For example, sub-prime mortgages. Initially, more people get houses, more people are happy with the state of the economy, they get what they want, a house, they are more likely to re-elect the current government. Happy days all round...

Basically, the plan is flawed on every level - economically, morally and logistically.