Stupid

If the risky behavior of people working in the financial sector was at least partly responsible for the financial crisis, and if a lack of effective regulation and enforcement allowed for this risky behavior, then why hasn’t more been done to reform the regulation of the financial sector? Why are candidates running for office on pledges to shrink government and weaken or eliminate regulatory bodies? How stupid are these people? How stupid are we for listening to them? How culpable are we for not demanding more extensive and effective regulation of the financial sector?