Americans’ support for more active government intervention with insolvent banks is all in the language, by a 17 percentage point difference.
If Obama addresses the issue in the State of the Union address tonight, will he use “takeover”? Or another word that Americans might understand even more, and sounds more palatable, such as “repossession”?
Even better, as part of this, and something rather than nothing by itself, would have been expropriation of bonuses of C-suite execs, damn the language of contracts, which can be overriden in such cases anyway.
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