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If some banks will indeed have to be nationalized...
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March 7th, 2009
will there be a “see we told you Obama is a socialist” reaction?
Our banking system is down the toilet. Plain and simple. Whoever is still croaking about free capitalism working best, is somehow associated with the industry.
For crying out even the FDIC is in need of money now.
Almost 900bn Dollars are literally “vaporized”, pssh. Yet some still claim that “The System” works. What does it take? How bad does it have to be to shut up those blind, maliciously ignorant people?
How much evidence of failure does it take, before people come to terms with the fact that how it was done, isn’t how it can be done in the future?
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