Antitrust law was designed to prevent just this sort of market power and political heft. The Justice Department or the Federal Trade Commission should investigate the new-found dominance of Goldman and JP — and, if warranted, break them up.
Whoops! My bad. Sorry. In effect, this is what former Fed chair Alan Greenspan is telling members of the House Committee of Government Oversight and Reform today by admitting he was wrong about unfettered free markets regulating themselves.
Treva Brandon Scharf: I use these parks and trails for exercise, for social time with friends, for activities with out-of-towners, for romantic outings, and for the spiritual benefits I get from communing with nature.