At least we are the same sort of wrong as every other country in the
world, right? :)

Of course I would have preferred we never got into this mess in the
first place. I think that socialism has its place, in truly national
needs that aren't served well by the markets or local solutions.
Things like healthcare for example. Banks aren't one of those though.
But we don't have much in the way of choices right now.

Judah

On Tue, Oct 14, 2008 at 3:08 PM, Loathe <[EMAIL PROTECTED]> wrote:
> The United States ushered in a new era in banking on Tuesday with plans
> to take equity stakes totaling up to $250 billion in financial
> institutions, an incursion into the private sector that U.S. officials
> called a regrettable last resort
>
> The did it huh?
>
> Damn sad to hear that.
>
> Welcome to socialist America.
>
> Gruss Gott wrote:
>> http://www.reuters.com/news/globalcoverage/creditcrisis
>>
>> Nice crisis map at the bottom and a great TED spread graph.  Holy crap.
>>
>>
>
> 

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