> 1) Regulation. Maybe it'll happen, I don't have much hope of it being done intelligently
Why so hopeless? My water is clean, airplanes and roads are safe, retail banks don't lose their customer's savings, etc. Not all regulation works, but this one is pretty straightforward.
Because the current US political climate is not in favour of regulations. It is true that we have all the regulations you describe, but each was fought tooth and nail when introduced!
EDIT: Original post had slightly more pointed political language.
Why so hopeless? My water is clean, airplanes and roads are safe, retail banks don't lose their customer's savings, etc. Not all regulation works, but this one is pretty straightforward.