Greenspan, Graham Back Nationalization of Banks

Headline from this morning’s financial times:

GREENSPAN BACKS BANK NATIONALIZATION

Ayn Rand must be rolling in her grave right now thinking “I can’t believe I hit that”

Greenspan’s endorsement of nationalization isn’t the first conservative to imply that it might be necessary. On Sunday Senator Lindsey Graham (R-SC) suggested that situation is so bad nationalization might be necessary as well

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s