Government is taking 40 percent of the GDP. And that's at the state local and federal level. President Obama has taken government spending at the federal level from 20 percent to 25 percent. Look at some point you cease being a free economy and you become a government economy. And we've got to stop that.
If you go back to the time of J.P. Morgan the world of high finance was completely wholesale. The prestigious investment banks on Wall Street appealed exclusively to large corporations governments and to extremely wealthy individuals.