Japan's failure to nationalize its banks extended their depression for 10 years !!!!!!!!

They called them zombie banks.

Too weak to function but propped up to mimic being alive.

Rush Limbaugh is the crude mouthpiece of the 1% ruling class to dupe the unwashed masses to allow the super rich to have a working majority in areas where money alone won;t buy influence.

Lets paint a picture of what the failure Limbaugh speaks of would look like.

The empty homes we see today would triple in number. For those who still own the empty delapited homes they would burn them to the ground rather than pay fines to the State.

The people who lived in those homes would seek relatives to stay with. Doemstic violence understandably would double.
The tidal wave of homeless children now attending California schools would be seen coast to coast with small exceptions in Conn. and elsewhere.

Hunger and the failure of transportation of food and resources would create new gangs of organized crime and shanty towns. The migration of city folk would be seen as invasion by many of the gun worshipping Chritians enclaves in the country. The charity one would hope for would not be as ubiquitous as one would hope.

Without the stimulous plan it would be difficult to live on our present crumbling infrastructure. It would be hard to keep schools and govement buildings open for a multitude of civic uses during times of coming natural disasters and tending to varying migrations of a new class of well to do homeless people.
Its not a pretty picture.


The BANKS have misbehaved and gambled on a criminal form of super capitalism fow which we must pay. They arrogantly pay bonuses toi the crooks who failed us all. Banks have always had that unique property of being both private and national institutions because they will always get bailed out by the country they are in.

Sweden had to nationalize and take these banks away from their well intentioned but failed owners. Our brand of banking families were much less well intentioned.



I have little doubt that Limbaugh will be able to foment a violence against nationalizing the banks who sponsor his "conservative" crusade at the cost of many lives and fortunes. On one hand the longer we wait to natioanlize banks the worse it gets. And if if we don;t we will be in a 10 to 15 year hole like Japan suffered. No growth, no capital, no doemstic innovation on any large scale...

No one who apologizes to Rush for any critisism is apologizing to Limbaugh...they are apologizing to the banks.