The Mudcat Café TM
Thread #118656   Message #2567968
Posted By: dick greenhaus
15-Feb-09 - 11:18 PM
Thread Name: BS: Solution for Rotten Economy
Subject: RE: BS: Solution for Rotten Economy
Feb. 15 (Bloomberg) -- Republican Senator Lindsey Graham, who sits on the Senate Budget Committee, said he wouldn't reject the idea of nationalizing U.S. banks.

"I'm very much afraid that any program to salvage the banks is going to require the government," the South Carolina senator said today in an interview on ABC's "This Week" program. "I would not take off the idea of the nationalizing the banks."

And guess who's opposing it: Nancy Pelosi and Chuck Shumer (who seem to be some sort of bastion against creeping Republican Socialism)

Who woulda thunk it?