Congresswoman Maxine Waters on This Week discusses the possibility of nationalizing some banks. She says, no doubt in defference to Senator Graham, “but not yet”. Disturbing. But wait there’s more.Senator Graham answers the same question and says the situation with the banks is so bad … nationalization must be considered … Congresswoman Waters response … “Victory!” Indeed we are screwed.
Remember now this is the same woman who wanted to nationalize the oil industry.
By the way, to Senator Schumer’s credit, he adds a little later, not so fast. Instead he would just like a “big package” to help the banks. Can we please stop the “big package” think? Please?
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There are times where I do not research an issue and feel ignorant. If I were to hang out with Maxine Waters I would always feel like the smartest person in the room. I need to spend time with this woman, I would like to have a talk show where she is my sidekick.
Socialism here we come. It seems to me, if Ms Waters has her way, we will all be screwed by the end of this year.
Erik: try to imagine what being in the Congress must be like! You'd be the Jeopardy champ in a room full of Wheel of Fortune dropouts.
The talk show has been done: "Fernwood/America 2 Nite" with Martin Mull and Fred Willard. Worth looking up on YouTube…
I remain firm in my view – that much of the grim picture has been brought about by "negative talk" from The White House, Treasury, Federal Reserve and the Congress. The relatively brand new accounting rules requiring mark to market make the situation look even worse.
Elected and appointed officials need to talk positive, think smaller in terms of our financial institutions, and let the economy recover on its own. Otherwise, we will continue to spin in a downward spiral – into the bottomless pit. Someone else, not our government and not the American people, will profit when the bounce occurs – someday.
This country is so screwed with these idiots in charge. The socialists are absolutely giddy with the thought of turning this country into the United Communists States of America.
Peter from Wolcott