What do Chief Justice John Roberts, Israeli politician Bibi Netanyahu, Republican legislators who want Independent State Legislatures, and bankers all want? They do not wish to have any checks and balances.
Bibi Netanyahu and his political party do not want the Israeli Supreme Court to be able to review and possibly nix any legislation that Netanyahu and his party pass. John Roberts has repeatedly batted down calls for regulating Supreme Court Justices. The Justices can control themselves just fine, he says. Republicans do not want the courts in their states to have any say over what the legislators pass. Bankers, too, want less regulation as they engage in business.
Bad things happen, though, without checks and balances. Banks fail, Supreme Court Justices weigh in on cases from which any other federal judge would have to recuse, politicians become unchecked tyrants, and a political party can oppress voting of minorities with impunity.
Checks and balances protect us from corrupt and reckless actions of those in power. It takes a certain arrogance leading to authoritarianism to resist regulation and oversight.