General Discussion
In reply to the discussion: Glenn Greenwald ain't no Libertarian, Part 2: Wall Street [View all]spooky3
(38,634 posts)Post provides interpretations of libertarianism that are far from the positions I believe they typically take. For example, they would typically NOT favor most prosecutions because those would have to be based on a statute or other law that restricts business actions, which they typically don't favor. Prosecutions require paying public servants' salaries and expenses, something libertarians typically like to limit. And they have a strong belief in the self-correcting nature of markets, e.g., that consumers and others would learn which banks, etc., aren't good for them to deal with, and go to the competition instead, forcing the bad apples to change or go out of business.
See http://www.lp.org/platform
in particular, the passages about reducing the size of govt, abolishing tax agencies (which provide the means for funding prosecutors, etc) and "we favor free-market banking." It's hard to square those with their decrying fraud and criminal behavior in other passages, unless you presume that they have a VERY narrow scope of what constitutes criminal or fraudulent banker behavior.