Now is the time to strike while the iron is hot. There are numerous reports circulating from respected economists who support nationalizing the banks/or breaking up the power of the banking oligarchs. We should email our representatives en masse and ask our friends to do the same.
Here are just a few of the articles that support Simon Johnson's assertion that "every consensus must end".
Roubini's "Nationalize the Banks! We're All Swedes Now"
http://www.washingtonpost.com/wp-dyn...d=opinionsbox1
Conservative Lindsey Graham's "We Might Have to Nationalize the Banks"
http://hotair.com/archives/2009/02/1...ize-the-banks/
Willem Buiter's "Good Bank/New Bank vs Bad Bank: A Rare Example of a No-Brainer"
http://blogs.ft.com/mavercon/2009/02...-a-no-brainer/
We need to apply a carrot and stick approach to our representatives. Tell them we will be watching like a hawk and voting accordingly. Remember EJ's claim that our politicians' number one goal is re-election.
Here are just a few of the articles that support Simon Johnson's assertion that "every consensus must end".
Roubini's "Nationalize the Banks! We're All Swedes Now"
http://www.washingtonpost.com/wp-dyn...d=opinionsbox1
Conservative Lindsey Graham's "We Might Have to Nationalize the Banks"
http://hotair.com/archives/2009/02/1...ize-the-banks/
Willem Buiter's "Good Bank/New Bank vs Bad Bank: A Rare Example of a No-Brainer"
http://blogs.ft.com/mavercon/2009/02...-a-no-brainer/
We need to apply a carrot and stick approach to our representatives. Tell them we will be watching like a hawk and voting accordingly. Remember EJ's claim that our politicians' number one goal is re-election.
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