In this corna' we've got Lindsey Graham (R-SC):

"This idea of nationalizing banks is not comfortable, but I think
we've got so many toxic assets spread throughout the banking and
financial community, throughout the world, that we're going to have to
do something that no one ever envisioned a year ago, no one likes. To
me, banking and housing are the root cause of this problem. I'm very
much afraid any program to salvage the banks is going to require the
government... I would not take off the idea of nationalizing the
banks."


And over here we've got Obama and Schumer:

* Chuck Schumer (D-NY): "I would not be for nationalizing. I don't
think government is good at making these decisions."

* President Obama: "We want to retain a strong sense of that private
capital fulfilling the core -- core investment needs of this country"

Conclusion:
--------------------
Obama and Schumer are wrong, Graham is right.  Nationalize.  and do it now.

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