One other thought here on “Breaking up the Big Banks” and how it relates to Universal Healthcare. Someone tell me if I am bonkers.

Breaking up the big banks is a manifestation of the sub prime mortgage crisis that upended the world economy in 2007. What they banks and brokerage firms were doing was downright criminal at that time. But to say they are doing the same thing today is crazy (see Dodd-Frank). Yes they are still packaging and re-packaging mortgages. But there are safeguards.

It would seem to me that packaging these mortgages leads to lower interest rates by spreading the risk of default. This is good for the prospective homeowner and the American housing market, builders and on down the line.

The same can be said about the Affordable Care Act and Single Payer. Spread risk to a big enough pool and the cost of insurance goes way down.

So how can one be a big proponent of Single Payer, but think that Wall St is the evil and the Big Banks, complete with safeguards against high leverage and risky loans, need to be broken up?

Is this analogy too much of a stretch?