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LQD: Irish Government to fall over Nama? | 5 comments (5 topical, 0 editorial, 0 hidden)
Re: LQD: Irish Government to fall over Nama? (4.00 / 2)
Absolutely.  Even the nationalisation proposals involve socialising private losses.  His argument - that market forces should be allowed takes their course - at least avoids that.  The issue then becomes how can we rescue a functioning banking system from the ruins of bankrupt banks - something the Examinership process is supposed to be all about.

notes from no w here
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Mon Sep 7th, 2009 at 01:21:50 PM EST
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LQD: Irish Government to fall over Nama? | 5 comments (5 topical, 0 editorial, 0 hidden)
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