Treasury Secretary Timothy Geithner and Larry Summers, director of the White House national economic council, have now diagnosed the real trouble behind the economic crisis – not enough government regulation. In an op-ed for the Washington Post, the co-czars of Obama administration economic policy were emphatic that “the pace of innovation in the financial sector has outstripped the pace of regulatory modernization.” Their solution is creation of a “new” federal financial regulatory system. But the problem isn’t outdated bureaucracy, it’s too much bureaucracy. Geithner and Summers are merely making the same old Big Government pitch: Just give them more bureaucrats, more red tape and more tax dollars, and this time, it will work. No, really, it will. They promise. Just like when Big Government saved the family farm, eliminated poverty, stopped illegal immigration, made hunger a thing of the past, eradicated urban ghettos, ended the fear of old age, erased traffic congestion, and turned America’s public schools into such shining examples of educational achievement.