Notes on the Crisis

So, the economic crisis throws up a couple of issues, but the main one that I'm interested in is which way we'll go in imposing regulatory pressures. Will we impose the banks' abilities to offer products? Maybe fix the interest rates the can offer? How about 3% over LIBOR (or equivalent)? That way the banks will continue to make some money, but not too much. Or should we turn the regulation against ourselves? Ban those with reckless spending patterns from taking out loans? That way, bolster confidence in the security of our savings? Or perhaps make everyone have an acceptable level of savings on their monthly income?