I'm not saying what's happening is the libertarian ideal, I'm saying what's happening is what happens when the libertarian ideal is implemented. A libertarian may want to not bail out big businesses when times are bad - they may truly believe that ideally you just let the bad businesses fail and the market is stronger for it. The problem is that in reality, you're talking about letting voters take a huge amount of pain a few months before an election. So as a result you end up in a situation where you can have a laissez faire approach to regulations when the economy is booming, but you can't actually allow all the people who vote for you to lose their jobs.