Can anyone out there explain to me why we’re so busy pretending that the U.S. won’t end up nationalizing some of its largest and most messed-up banks? Do we think that if we pretend long enough that we can make it true? Because I continue to find the "real capitalists don’t nationalize" charade an expensive baffler, semi-noble "fucked bank" exercises apart.
Bank Nationalization: Why Are We Pretending?
By January 19, 2009 · ··