Friday, February 20, 2009

This Bank Thing

Oh, shit, I've been reading this stuff for weeks (months?) and I don't know, I really don't.
Then this popped into the spere today, and I guess I get it.
Yup. It's coming.

Sullivan was right. Geithner deliberately put out a weather balloon to get cover from Republs (Miss Lindsey, Greenspan) and prominent Dems for nationalization. That's why he was vague about his plans.

Had Geithner proposed nationalization, Repubs would be all over the place, crying "Marxism".

Good.

It really isn't about economics, it's about politics. What plays?
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