I find it fascinating that it's the republican calling for nationalization.

On Sun, Feb 15, 2009 at 2:48 PM, Robert Munn <[email protected]> wrote:
>
> i just read something in iht.com yesterday that said basicakky the
> same thing. there was a quote from some economist who said that among
> experts, everyone is thinking the same thing but is afraid to say it.
>
> i'm not at  my computer or i would find the link.
>
> On 2/15/09, Gruss Gott <[email protected]> wrote:
>>
>> 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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