Instead of correcting market failures, federal subsidies misallocate resources and introduce government failures into the marketplace.

FORBES: Where to Cut the Federal Budget? Start by Killing Corporate Welfare

Sadly, the banks misallocate the savings on an even grander scale than the stockmarkets.

ECONOMIST: Casino capital

This will result in more money spent on services of uncertain value that produce invalid outcomes, and misallocate resources away from more valuable endeavors and discussions.

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