[actually_a_dog]

> But that's explicitly not how the game was set up.

Sorry, but yes, it was. It might not have been written down, but if all it took was for a few people to "scream bloody murder demanding the government make them whole," we need to look deeper at the implicit assumptions surrounding that system. And, part of those assumptions is that truly wealthy individuals get a greater level of service from that system than the rest of us, including bailouts like this. The same goes for "too big to fail" type institutions (viz JPMC and other big banks who are directly benefiting from a loss of confidence in institutions like SVB).

[ncallaway]

Right, but those are the "implicit" rules, and I was very specifically referring to the "explicit" rules.

I agree that the explicit rules are not the implicit rules. That is a big part of the critique. I'm accusing any "libertarians" who demanded a government bailout in this instance of being just as fake, and just as bullshit, as those explicit rules are.