How US Fascism Comes Out On Top Via 'Too-Big-To-Fail'?

'Too Big to Fail' Clearinghouse Hunt .. Regulators have notified some payment and clearing firms that they face a review to determine whether their failure could pose a risk to the economy. The Financial Stability Oversight Council, comprising top financial regulators and created by the Dodd-Frank financial-overhaul law, last month sent letters to so-called financial-market utilities—the minutes didn't specify which or how many—saying they are being considered for designation as systemically important. The council disclosed it had sent the letters in minutes from its last meeting, released Wednesday. – Wall Street Journal

Dominant Social Theme: Important businesses cannot be allowed to fail. If, in fact, government must prop them up and take them over, then so be it. Look how well GM is doing!

Free-Market Analysis: Is this how fascism comes to America? It would seem a steady drip, drip, drip of frenetic government activism is concretizing the fascist state the way lime solidifies cement.

Even in the 1980s under the Reagan administration, the media mythos of the US emphasized its marketplace affiliations. The idea was that US civilization was succeeding because it was market based. But this rhetoric seems to have been abandoned in the 2000s.

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