Socialize ALL the risk

Hey, the Fed had to intervene in a market run amok to keep the whole financial system from ruin, so the right lesson is to make it easier for the Fed to bail out other disastrous investments. But, noooo, we can't regulate the market; that would glove the invisible hand, and Ayn Rand says ... some obvious bullshit.

Two choices: Either the Bushists are total morons or they think we're total morons.