Fools. The lot of them.
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You can lower the taxes a lot. Government takes about 40 % every dollar you earn. That is almost half... Corporate taxes are insanely high in USA.
Regulations costs absolutely humongous amounts too, glad you noticed.
The market seems to be handling the regluation absolutely fine, even better actually, in more free market countries. For example in Singapore, people actually save for their retirement. Can you imagine, they don't enslave their kids to pay for the retirement benefits? Unthinkable to a regressive.
Just looking at the regulatory code... and yup sure enough it defines Greek bonds as risk free. Yeh this is the sort of regulation we need.
It indeed is cooperation and innovation... not regressive coercion. And yes, the market will prevent someone eating poison (market regulation), and take care of it in the case someone does. Not that this is in any way signficant portion of the government budget. By far most of it goes to enrich parasites such as yourself.