IF Obama really wanted to cut to the quick of our festering national disarray, he would nationalize the banks and castrate their ability to invent money out of whole cloth, reserving that right solely to the Federal government. This would suddenly and sharply apply the brakes to the catastrophic exponential growth path of the money supply as a function of debt, and put it on the path back to being the index of stored value it used to be.

This single mechanism would suddenly stop the treadmill, and require a conscientiius re-evaluation of policies andbusiness models throughout the banking industry. Not such a bad idea. But...screams? Oh, they would be world-class!! Probably result in a whole flock of hit-men showing up in DC.


A