The word 'nationalization' scares the hell out of people,"Rep. Maxine Waters, D-Calif., said on "This Week."(I have another one - from now on, if someone gets murdered, let's refer to the victim as "pre-historic".)
To combat that, some clever advocates of nationalization have come up with alternative names, including "government receivership" and "pre-privatization."
Amidst calls for the outright nationalization of the banking system and brazen Orwellian brainstorming by lunatic Democrats, you might think the Republicans would be offering at least some ideological resistance. So what does conservative Republican Lindsey Graham have to say?:
"I would not take off the idea of nationalizing the banks" from the table, Graham, R-S.C., told George Stephanopoulos on ABC's "This Week" program "This idea of nationalizing banks is not comfortable, but I think we have gotten so many toxic assets spread throughout the banking and financial community throughout the world that we're going to have to do something that no one ever envisioned a year ago, no one likes," Graham said. "But, to me, banking and housing are the root cause of this problem. And I'm very much afraid that any program to salvage the bank is going to require the government.."There you have it - "banking and housing are the root cause" - not government intervention in the economy. If we needed more, this is yet further evidence of total Republican ideological bankruptcy as detailed in a previous post  - the Republicratic Party at its finest.