In the USA,for someone in the financial services industry or academia and for most politicians, seriously raising the issue of nationalization is career suicide.  Right now I suspect that even validating workable alternatives to Paulson's proposed bailout that don't involve nationalization could pose risks.  

With the current system of campaign finance not too many in Congress can afford to oppose this bailout.  Wealth has closed ranks.  When they obviously start turning on one another there may be more opportunity for truth to out.

"It is not necessary to have hope in order to persevere."