Bank nationalisation gains ground with Republicans [McCain+Grahamnesty] [in agreement with Obama?]

Financial Times ^ | 2009-02-17

[Ernest_at_the_Beach]

could probably only lose a fraction of the money that the professionals were able to lose.

Well then,....clearly you are NOT qualified ....to be in the Financial business.... LOL!

[Ernest_at_the_Beach]

Personally, I feel like setting up a gallows and cleaning up Wall St. the old fashioned way.

Yes I like that too....but this is so wide spread...gonna be tough to identify the real bad ones....They seem to be going after Stanford down in the Caribbean [pretty good....

[redstates4ever]

Here's the only 'Swedish model' I would accept:

[AvOrdVet]

Then how did a big government country like Sweden do it ? If they can do it, why can't we?

If you are seriously asking that question why not just pack your bags, move there and find out... it would be because they are frigging socialist and we are not... well not yet, but with people giving up so easily it won't take too long!

Sweden like any other socialist country is finally running into the problems that all do and now they are starting to look for a way out... and with a 55% income tax one can only wonder why its taken so long! But unfortunately the cradle to grave leeches in the society are putting up a fight to keep 'ole "sugar daddy" paying.

[Captain Kirk]

Letting them fail really is not an option.....I do want all options discussed

You contradict yourself. Are "all" options, including the free market approach that has NEVER been tried, or aren't they? If as seems clear you have decided the socialism is the future fine, just embrace it comrade. Please spare us the fake pontificating. If socialism comes (actually came) to this country, it will be because of wishy washy attitudes such as demonstrated in your comment.

[SeekAndFind]

If you are seriously asking that question why not just pack your bags, move there and find out...

One does not have to move there to find out. All one needs to do is READ, LEARN from what they did when they had the same crisis in the early 1990's.

If their solution worked, why can't we emulate it. Now if it did not work, then we can ignore what they did. Simple as that.

But please I never even hinted at raising the tax rate to 55%. That is a strawman.

[AvOrdVet]

If their solution worked, why can't we emulate it. Now if it did not work, then we can ignore what they did. Simple as that. But please I never even hinted at raising the tax rate to 55%. That is a strawman.

I never said you hinted at a 55% tax rate... that is what the Swedish people paying the bills are assessed because of their socialist society's needs... AKA: feeding the leeches.

and if their solution worked so well, they wouldn't now be trying to get out of it! and you might ask the PAYING citizens over there if the 55% tax rate is a strawman issue...

[CowboyJay]

Graham and McCain are not Republicans. They’re moles.

[A.Hun]

You contradict yourself.

Nope, "letting them fail is not really an option" means it's not an option. Market response would be to let them fail.

Please spare us the fake pontificating.

I don't doubt that you prefer soundbites.

If socialism comes (actually came) to this country, it will be because of wishy washy attitudes such as demonstrated in your comment.

Haven't you heard? We are all socialists now! /s

[Captain Kirk]

Hey....you’re the one who said ALL options should be considered and then said the free market was not an option!!

[Antoninus]

Lord knows, the quasi-governmental banking institutions like Fannie and Freddie did soooo well. This sounds like a simply smashing idea.

[Chgogal]

“W started it with his “new tone in Washington.”

Too bad rabid politicians like the foul mouthed Rahm Emanuel weren't as civilized.