You write like you have a crystal ball and can see the future. There is no telling what "letting the banks fail" will do for the long term. However, we do know that increasing national debt to the degree that has been done is not good.
There is also no telling how bailing out failed businesses will help us in the long term either. Intuitively it seems worse to me. And unfair--what about all the other banks that didn't screw up by leveraging 35:1?
