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Can someone give me a short run-down on the philosophy of Dominique Strauss-Kahn? I always interpeted him as a socialist who eschewed dogma and was willing to use whatever policy tools seemed to work, i.e. principled, but free-thinking.

However, the English-language depiction of him is more as a French Clinton or Blair.

Your thoughts?

Also, in looking at the current American crisis, I've been thinking about the need for a national bank, one that would not replace the private sector, but would ensure the continuance of economic activity in times of economic duress (when credit is frozen by the private sector banks).

I know India has several goverment-run banks, and New Zealand has one. I suspect there are several in Asia, and I thought it was quite common in continental Europe as recently as the '90s (if not government-run, then a bank in which the goverment had a large ownership stake). Correct me if I'm wrong, but didn't Austria privatize its two national banks only a six or seven years ago? What is the landscape in Europe regarding national banks (not to be confused with central banks)?

Thanks...I would appreciate any comments you might have.

by glacierpeaks (glacierpeaks@comcast.net) on Mon Sep 22nd, 2008 at 04:48:45 AM EST

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