RUN AGAINST WALL STREET? Michael Barone thinks the Republicans should “run against Wall Street” in the November elections.

I don’t agree - at least in part. It’s not a matter of lax regulation or tight regulation as Barone describes it; it’s a matter of regulation at all. Republicans should run against “too big to fail”. Let companies - big or small - fail and let market forces pick up the pieces.

To use a sports analogy, government’s responsibility is to maintain the playing field and enforce the agreed-upon rules. It is not responsibile for picking winners and losers.