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I've put up a diary on dKos about the idea of a Natioanl Investment Bank

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Sep 26th, 2008 at 09:37:38 AM EST
[ Parent ]
Could we have that here also please.

Perhaps this can be the start of 'Monetize America' to follow 'Energize America' ;-)

You can't be me, I'm taken

by Sven Triloqvist on Fri Sep 26th, 2008 at 09:41:59 AM EST
[ Parent ]
Wolfgang Münchau, in his German column as well argues the way to resuce/take over one or two banks to ensure credit for the US economy and let the others alone.

Doing nothing would be too damaging to the real economy in the short and medium run.

Rescuing the whole system (what any currently official plans are about) is too expensive for the gov't, and would not lead to the necessary shrinking of the oversized financial sector.

Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers

by Martin (weiser.mensch(at)googlemail.com) on Fri Sep 26th, 2008 at 10:43:33 AM EST
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