[lbo-talk] nationalizing the banks

Marv Gandall marvgandall at videotron.ca
Mon Apr 20 14:35:44 PDT 2009


Doug writes:


>> What was the reaction on the panel and from the floor?
>
> Hard to say. David Harvey identified himself as a creeping socialist too.
> Fred Moseley talked about good banks and bad banks, and not much about
> the politics of the situation. Nomi Prins said we should have just let
> AIG go down. Some guy from the RCP took us to task for not mentioning the
> blood-drenched hell that is capitalism. But I can't say that anyone
> specifically engaged my points.
===================================== Can't say I'm surprised. People don't like to reflect on their wavering faith and would rather pass over it in uneasy silence. The best confront their doubts. The worst reinforce their convictions by denouncing the wavering and the openly heretical. As true of secular ideologies as of religion.



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