Showing posts with label Bank nationalization. Show all posts
Showing posts with label Bank nationalization. Show all posts

Friday, February 20, 2009

Bank Nationalization

Deroy Murdock of the Hoover Institution deploring Greenspan’s, Graham’s and McCain’s (allegedly, I haven’t heard McCain say it) call for the possibility of Bank Nationalization at NRO:

Regarding nationalization, America’s free market has devolved in half a year from unsullied maiden to street-corner whore. This sad truth is one more reason for the American Right to repudiate the Bush-Rove-Paulson borrow-spend-and-bailout model and its architects, as if severing and discarding an infected appendix.

I’m not sure she was completely unsullied last Labor Day but I loved the paragraph.