European Tribune - Comments - Mea Culpa: The Fed May In Fact be in a Financial Mess

Mea Culpa: The Fed May In Fact be in a Financial Mess | 32 comments (32 topical, 0 editorial, 0 hidden)

Because I trust Republicans periodicially running (none / 1)

... the national banking system even less than I trust the private sector under a system of regulations. It took from the 1930's to the 1990's to completely demolish the New Deal banking regulation reforms ... Nixon and Reagan and Bush I could have done the job much more quickly with a nationalized system of banks to privatize.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Thu Sep 25th, 2008 at 07:01:07 AM EST
[ Parent ]

Re: Because I trust Republica (none / 0)

I see,
Would you trust democrats selling them back in 8 years?
If Obama wins, of coruse.

A pleasure.

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Thu Sep 25th, 2008 at 07:03:11 AM EST
[ Parent ]

Re: Because I trust Republica (none / 0)

I don't understand the question.

Selling what back, to whom?

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Thu Sep 25th, 2008 at 06:12:20 PM EST
[ Parent ]

Re: Because I trust Republica (none / 1)

Privatizing without deregulating.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Thu Sep 25th, 2008 at 06:22:05 PM EST
[ Parent ]

A nationalized banking system ... (none / 0)

... would certainly make it harder for progressives to win Democratic primaries.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Fri Sep 26th, 2008 at 01:03:28 PM EST
[ Parent ]

Re: A nationalized banking system ... (none / 0)

Why?

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Sep 27th, 2008 at 04:26:40 PM EST
[ Parent ]

The influence of property developers ... (none / 0)

... in Democratic primaries for the House is bad enough as it stands ... if they think a friendly Congressman can get them an inside track on bank lending, it'll only make a bad situation worse.

NB. Because of gerrymandering, the larger number of Democratic held House seats are in effect decided by the primary.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Sat Sep 27th, 2008 at 05:26:18 PM EST
[ Parent ]

Re: The influence of property developers ... (none / 1)

A couple of days ago, I saw a suggestion on another blog that people mail their congresscritters a torch and a pitchfork... That idea sounds better and better with each passing day.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Sep 27th, 2008 at 10:29:44 PM EST
[ Parent ]

Mea Culpa: The Fed May In Fact be in a Financial Mess | 32 comments (32 topical, 0 editorial, 0 hidden)

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