Near the bottom of this week’s column, Ted Rall gets down to brass tacks :
• Declare a bank holiday;
• Reinstate Glass-Steagall (my sidebar — make House Dems eat crow on this, and Slickster, too);
• Bail out homeowners;
• Cap lending rates, tying ARM rates to the Fed’s funds rate;
• Nationalize failed banks, a la Sweden in its similar situation in the early 1990s.
• Get the hell out of BOTH Iraq and Afghanistan now; we need the money here.
Not a point there with which I would disagree.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
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As seen at Washington Babylon and other fine establishments
September 26, 2008
Ted Rall tells us what the bailout really needs
Labels:
lenders' bailout,
Rall (Ted)
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