Skip to main content

View Diary: New Banking Bailout! (10 comments)

Comment Preferences

  •  Since the US is too cowardly to nationalize (2+ / 0-)
    Recommended by:
    shann, Greyhound

    ...their failed major banks -- I really see no other option than to spread the loss across the US population.

    Here's the deal -- without these write downs and refi's, the middle class has no hope of economic recovery and the nation's real estate assets will continue to crash, dragging down the larger economy. (We won't see it too obviously because of dollar debasement by the Feds, but that's the deal.)


    "Facts do not cease to exist because they are ignored." - Aldous Huxley

    by Pluto on Mon Mar 26, 2012 at 09:47:19 PM PDT

Subscribe or Donate to support Daily Kos.

  • Recommended (141)
  • Community (68)
  • Baltimore (64)
  • Bernie Sanders (49)
  • Freddie Gray (38)
  • Civil Rights (36)
  • Hillary Clinton (25)
  • Elections (25)
  • Racism (23)
  • Culture (22)
  • Education (20)
  • Labor (20)
  • Law (19)
  • Media (19)
  • Economy (17)
  • Rescued (17)
  • Science (15)
  • Politics (15)
  • 2016 (15)
  • Texas (13)
  • Click here for the mobile view of the site