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Not gonna happen.


At least in the UK - even under NuLabour -nationalisation, while painful, is still conceivable.

In fact, the legislation they put in place for Northern Rock is open ended....

The question Francois a Paris and I are debating is whether it is politically possible in the US to bail out the banks and not the poor bloody mortgagees....

He reckons it is, I don't think so.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Tue Mar 18th, 2008 at 10:57:24 AM EST
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