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Republicans Warming to the Idea of Nationalizing the Banks

February 17, 2009

 It appears as though some Republicans are warming up to the idea of nationalizing the banking industry. Lindsey Graham and John McCain can be seen as supporters of this socialization of American banks. An idea that the president seems to agree with.

You should not get caught up on a word [nationalisation],” he told the Financial Times in an interview. “I would argue that we cannot be ideologically a little bit pregnant. It doesn’t matter what you call it, but we can’t keep on funding these zombie banks [without gaining public control]. That’s what the Japanese did

 NEWSWEEK FEB. 16 COVER Those words were spoken by Lindsey Graham. He claims that we are too hung up on a word. That word is “nationalization” and you are damned right I am hung up on it. He can claim that it is just a word and that I should look past it, but words have meanings and I don’t like the meaning of the word “nationalization.” 

  Nationalization equals socialization, and I don’t like the meaning of that word either. He has some nerve saying that Americans are getting “caught up on a word.”

 It is much deeper than that. We are talking about the basic principle of free market America. We are talking about the basic principle of America, period. “Nationalization” is not just a word, it is another form of government altogether.

  To say that Americans are just “getting caught up on a word” when we are talking about the fundamentals of America is disheartening. To so casually and callously refer to the idea of nationalizing the banking system just bothers the hell out of me. They can claim that it will be a temporary or a partial takeover, but it will end up being neither temporary nor partial. It never is.

 I expect this from the socialists and communists on the left, but I expect Republicans to stand up in opposition of government intrusion, and yet here they are right in the middle of a discussion about nationalizing a private industry.

 This is driving me insane. I just don’t know where to turn any more. I don’t know what to do. I have no representation in Washington. I am almost ready to give up, just accept it, it will be easier that way.

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11 Comments leave one →
  1. February 18, 2009 1:50 am

    The whole God Damned world is going BONKERS! I don’t know where it ends, but I doubt we are anywhere near the end of the trip yet. It’s been a real bumpy ride so far, but hang on, I think it gets worse before it gets better.


  2. February 18, 2009 2:04 am

    I sure hate to see it happen, but I have absolutely no idea how to handle the whole situation. What a big mess! Barney Frank and a bunch of others that are responsible for this mess should be shot, or at least FIRED and berred from EVER holding any political office again!


  3. February 18, 2009 10:23 am

    Did you see this story?

    Yet another frickin’ bailout! Geesh!


  4. February 18, 2009 7:13 pm

    I’ve seen it, I will probably have a post later tonight on it.


  5. Deb permalink
    February 18, 2009 7:40 pm

    Never give up. No “goosestepping” allowed. It’s simple: socialism bad, capitalism good.


  6. February 18, 2009 7:42 pm

    Keep us encouraged Deb! Thanks for that!


  7. February 18, 2009 9:35 pm

    I am trying to keep the faith.


    • Deb permalink
      February 22, 2009 4:36 pm

      “there is no try, do, or do not”. (Sorry, couldn’t help it–gotta love Yoda.)


  8. February 21, 2009 11:11 pm

    Excuse me but didn’t the Federal Income Tax start out as a temporary measure?



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