Temporary Nationalization
In the front page post, the Big Boss wonders if the Obamian silence on Nationalizaion is intentional. If so, it's an illustration of the power theory I wrote up back on the old site a long time ago: namely that when you have the power to do something, you don't. Work things around so other people suggest it, and wait until there is nothing else to do, then do it.
In this case, nationalization would have provoked unthinkable furor but if it is moving to the only reasonable position when Obama finally does it, it will be much better recieved and less likely to provoke opposition from any but the GOP dead enders.
In this case, nationalization would have provoked unthinkable furor but if it is moving to the only reasonable position when Obama finally does it, it will be much better recieved and less likely to provoke opposition from any but the GOP dead enders.
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Let us hope so.
Temporary nationalization (or, more accurately, "forced mass receivership") is probably the right way to go. Especially if someone has the guts to do it without more taxpayer money.
But I'd hate to see Obama tarred and feathered over it, after he's been so vaguely reasonable. He has the potential to be another intelligent, Clintonesque caretaker-President.
But a few serious black marks on the tax and spend side would ruin it.
February 20, 2009 5:06 PM | Reply | Permalink