As for your other point that in the US raising nationalization is career suicide, the people who post at that blog I quoted from are academics or in the financial services industry. Here is a new post:
Bailout: It's About Capital, Not Liquidity; Seeking Beta: Interview with Robert Arvanitis
Where have I heard that the problem isn't liquidity but solvency before? A bomb, H bomb, Minuteman / The names get more attractive / The decisions are made by NATO / The press call it British opinion -- The Three Johns
