What you fail to own up to is that the problem was exactly free-market ideology. The lack of regulations on credit-default swaps allowed the LAWFUL (and irrespondible) leveraging that caused this mess. Banks and investors spent millions lobbying D's and R's (both are equally culpable) so as to avoid regulation on CDS's. In a nutshell, security insurance is highly regulated to avoid JUST THIS kind of disaster. CDS's essentially acted like insurance without the capital requirements. This was lawful. This was all in the name of the free-market..cooked up in think-tanks and lobbied for hard by the free-marketers.
Europe seems to have less violence, btw, and so does Canada, for that matter....how's that? I thought Big Gov was more "bloody" (why you right-wingers are always so violence-obsessed, I'll never know) than Big Collapse?