I agree that this decision is idiotic, but we have to remember that the Heller and McDonald cases were the BEGINNING of the fight to restore our Second Amendment rights. I'm sure this case will appealed, as will many others that seek to define what kinds of firearms regulations are legitimate under the Second Amendment.

"I'm gonna build a fence to make sure no one escapes ... I mean, to protect our wonderful state. I'm also deploying a fleet of gunboats on Lake Michigan " -- Gov. Quinn

"Too big to fail came mostly because of systemic risk."

No, too big to fail results from the mitigation of risk by various government institutions. The people who ran these banks expected government to come to their rescue. It's really not hard to understand. If I keep telling you (implicitly and explicitly) that I'm going to take care of you if things don't work out, you're a lot more likely to do things that are risky.

"I would love to know how government propped up wall st."

What the hell do you call the bailouts?

Most of us on the right do not believe in "too big to fail". This crisis would been over long ago if government hadn't propped up wall street. Banks are a lot more willing to make risky investments when government institutions keep promising to bail them out if things go sour.

History keeps proving that it's impossible for regulators to know things like how much leverage is too much. What's too much leverage in certain economic conditions may be just fine in other economic conditions. Better to let banks decide for themselves how much leverage they want to take on, and let them bear the full responsibility of their decisions. If they make good on their decision and propser, good for them. If they crash and burn because of it, let THEM bear the costs of their bad decision.

And stop acting like it's only Republicans who cozy up to Wall Street. Most of the big names on Wall Street are big-time donors to Democrats. Some Democratic politicians came from Wall Street too, like Jon Corzine.

The left's view of industry is that regulations will solve every problem ... even problems created by previous regulations. The left likes to complain about corporate corruption and crony capitalism, but can't see the connection between these things and the regulations they love so much. I'm always amused when the left says that we need such and such regulation to ensure some crisis "never happens again" only to see a nearly identical crisis occur after the implementation of the regulation. Remember how Sarbanes-Oxley was supposed to prevent another financial crisis? Lot of good that did.

The ecomony is screaming that the heavy-handed regulatory approach to governing isn't working, but the left is completely deaf to it.

Look at some of the comments in this posting. There's plenty of people who won't even be convinced with an academic study!

I don't really care about what he said. If he wants to keep making himself look stupid that's fine with me. The problem is how the media will cover this, or should I say refuse to cover this. When George Allen made a similar kind of comment, it was trumped up into a major news story by the Washington Post as proof of his innate racism. When Biden does it, it's "there goes irreverent Joe again" and the story is forgotten.

Aw, be gentle with him. He's the one who doesn't see anything wrong with Saul Alinsky's tactics.

I have concerns about all the potential nominees, which is why I'm also keeping my eye on the Congressional races. Regardless of who wins in November, we have to have the right people in Congress. Either to stop Obama from further abuses or to keep a GOP President on the right path.