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Reply #25: It relates directly to the poster to whom I responded. Your post is quite interesting and thought- [View All]

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terisan Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-22-09 06:39 PM
Response to Reply #23
25. It relates directly to the poster to whom I responded. Your post is quite interesting and thought-
provoking but i didn't think I could make a response worth reading until I research the issues more thoroughly, which I am doing.
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  -The Case AGAINST Nationalization: Unintended Political Consequences FrenchieCat  Mar-22-09 04:23 PM   #0 
  - I'm awaiting the Nationalize it crowd to bring me their arguments.  FrenchieCat   Mar-22-09 04:32 PM   #1 
  - I'm waiting for you to bring some credible arguments against nationalization  Better Believe It   Mar-22-09 05:15 PM   #13 
  - I don't think you are.  FrenchieCat   Mar-22-09 05:17 PM   #14 
  - Let them fail  pscot   Mar-22-09 05:27 PM   #16 
     - You have a right to that opinion......  FrenchieCat   Mar-22-09 05:31 PM   #17 
     - It seems we have three options  pscot   Mar-22-09 06:15 PM   #24 
     - "letting them fail" = I'm rich and can wade through the effects of another depression or I don't...  uponit7771   Mar-22-09 07:38 PM   #32 
     - Exactly!  rufus dog   Mar-22-09 08:07 PM   #33 
     - Almost a genius plan, if one is a member of the GOP!  FrenchieCat   Mar-22-09 08:29 PM   #34 
     - I noticed that the GOAL of both views is the DISMANTLING of these enterprises...  TankLV   Mar-22-09 11:30 PM   #46 
     - That will cost us at least $4-5 trillion to bail out depositors.  Zynx   Mar-22-09 09:31 PM   #40 
     - That may be the best course  jeanpalmer   Mar-23-09 01:26 AM   # 
  - Excelent post.! k&R!  Odin2005   Mar-22-09 04:38 PM   #2 
  - I don't think a lot of folks have.  FrenchieCat   Mar-22-09 04:40 PM   #3 
  - Yeap, I was telling some coworkers the other day we'd be responsible for the banks bonds  uponit7771   Mar-22-09 04:46 PM   #5 
  - That bastard PAULSON screwed us up royally. He literally staged a coup.  Odin2005   Mar-22-09 05:01 PM   #9 
     - Actually the Democratic Party, Bush, and Wall Street staged a coup. Lots of yelling for the  terisan   Mar-22-09 05:45 PM   #21 
        - Do you do nothing but bash the Dems?  Odin2005   Mar-22-09 05:52 PM   #22 
        - And this relates to my OP how.....exactly?  FrenchieCat   Mar-22-09 06:07 PM   #23 
        - It relates directly to the poster to whom I responded. Your post is quite interesting and thought-  terisan   Mar-22-09 06:39 PM   #25 
        - unn, I don't exonerate dems but the onus belongs to "small government, deregulate everything" reThug  uponit7771   Mar-22-09 07:07 PM   #28 
  - This is essentially happening already.  Telly Savalas   Mar-22-09 09:29 PM   #39 
  - Doesn't it depend on what you mean by nationalization  jeanpalmer   Mar-23-09 12:51 AM   #47 
  - I would LOVE to hear Krugmans answer to this, he's not answering the simple question of why would...  uponit7771   Mar-22-09 04:44 PM   #4 
  - That is why Krugman may right, if all things were perfect....  FrenchieCat   Mar-22-09 04:58 PM   #8 
     - Dupe n/t  Hippo_Tron   Mar-23-09 02:58 AM   #74 
  - Nationalization can be termporary  ArchieStone1   Mar-22-09 04:47 PM   #6 
  - That still doesn't answer the issue I raised about potential problems with personnel,  FrenchieCat   Mar-22-09 05:02 PM   #10 
  - Great analogy.  Odin2005   Mar-22-09 05:06 PM   #11 
  - To what end? The same thing Obama is doing WITHOUT nationalizing them? One of the reasons...  uponit7771   Mar-22-09 06:49 PM   #27 
     - I haven't even gotten into the cost of nationalization!  FrenchieCat   Mar-22-09 08:43 PM   #35 
        - Picking up on the cost here, do you think that would effectively end any talk of  CTyankee   Mar-23-09 02:38 PM   #84 
  - I don't see that as a case against nationalization.  ProSense   Mar-22-09 04:53 PM   #7 
  - The Republicans calling Nationalization  FrenchieCat   Mar-22-09 05:14 PM   #12 
  - Still waiting for the pro-nationalization folks to weigh in.  FrenchieCat   Mar-22-09 05:23 PM   #15 
  - Purely speculative and hypothetical.  rug   Mar-22-09 05:39 PM   #18 
  - and Iraq was going to be a cakewalk!  FrenchieCat   Mar-22-09 05:43 PM   #20 
  - !  FrenchieCat   Mar-22-09 05:40 PM   #19 
  - Exactly, not a lot of people want to back Krugmans theories just his opinions. I don't think Krugman  uponit7771   Mar-22-09 07:11 PM   #29 
     - Exactly.  FrenchieCat   Mar-22-09 07:18 PM   #30 
  - How many corporations are we talking about..  stillcool   Mar-22-09 06:40 PM   #26 
  - We don't know, but there is also the "Bank run" that one would have to be prepared for.....  FrenchieCat   Mar-22-09 07:23 PM   #31 
  - a catch  quakerboy   Mar-22-09 08:43 PM   #36 
  - but we've ALREADY reimbursed foreign govs..and their banks...  amborin   Mar-22-09 09:09 PM   #37 
  - The difference is the moral obligation and the responsibility  FrenchieCat   Mar-22-09 10:46 PM   #41 
     - we've already acted out of moral obligation & responsibility to give big $$$ to foreign banks  amborin   Mar-22-09 10:59 PM   #43 
     - That's a right wing canard.  girl gone mad   Mar-23-09 02:05 AM   #61 
  - also: the banks would only be nationalized for a very short time, then privatized again  amborin   Mar-22-09 09:11 PM   #38 
  - Well, it appears that Barack Obama has a different way of looking at it.  FrenchieCat   Mar-22-09 11:08 PM   #44 
  - LOL. You're quoting Tyler Cowen from Marginal Revolution?  brentspeak   Mar-22-09 10:53 PM   #42 
  - I believe that the overwhelming majority of my op was written by me.  FrenchieCat   Mar-22-09 11:15 PM   #45 
     - So did you, or did you not quote Tyler Cowen?  Political Heretic   Mar-23-09 12:55 PM   #78 
  - I'm terrified that nationalizing these entities will make us responsible  dkf   Mar-23-09 01:03 AM   #48 
  - I also like the regulatory framework that would extend to foreign  FrenchieCat   Mar-23-09 01:13 AM   #49 
  - Nationalizing would be too big anyway.  dkf   Mar-23-09 01:18 AM   #50 
     - I just see so many risks seen and Nationalization,  FrenchieCat   Mar-23-09 01:26 AM   #52 
        - Well we will be buying all the bunky assets off the banks.  dkf   Mar-23-09 01:52 AM   #56 
        - If we were going to nationalize, it should have been done on the onset  FrenchieCat   Mar-23-09 02:24 AM   #70 
           - Yup.  dkf   Mar-23-09 02:28 AM   #71 
        - Do you ever offer any evidence based arguments? ever?  Political Heretic   Mar-23-09 12:57 PM   #79 
  - You don't seem to get it.  girl gone mad   Mar-23-09 02:08 AM   #62 
     - Did you see Obama's new program?  dkf   Mar-23-09 02:55 AM   #73 
  - ABSOLUTE NONSENSE. And here's why  LittleBlue   Mar-23-09 01:19 AM   #51 
  - But morally, considering that the debtors are foreign countries,  FrenchieCat   Mar-23-09 01:28 AM   #53 
  - With respect, not at all  LittleBlue   Mar-23-09 01:37 AM   #54 
  - So what happens when you nationalize an insurance company?  FrenchieCat   Mar-23-09 01:47 AM   #55 
     - The debt is not from our government, it's from the corporation!  LittleBlue   Mar-23-09 01:54 AM   #57 
        - I believe that there are too many unknowns in what you suggest.....  FrenchieCat   Mar-23-09 02:19 AM   #66 
           - Yes, I appreciate the debate too.  LittleBlue   Mar-23-09 02:47 AM   #72 
  - No offense, Frenchie..  girl gone mad   Mar-23-09 02:10 AM   #64 
     - Yep. I don't have a clue.  FrenchieCat   Mar-23-09 02:22 AM   #69 
  - I heard we are keeping ownership of AIG below 80% because  dkf   Mar-23-09 01:56 AM   #58 
     - Yes, it is wrong.  LittleBlue   Mar-23-09 02:09 AM   #63 
     - AIG is technically nationalized......we just don't call it that.  FrenchieCat   Mar-23-09 02:21 AM   #68 
  - Obama: "I will not govern out of anger".  empyreanisles   Mar-23-09 01:57 AM   #59 
  - There's no truth to that, whatsoever.  girl gone mad   Mar-23-09 02:13 AM   #65 
  - Where have you been the last 6 months?  girl gone mad   Mar-23-09 01:58 AM   #60 
  - No, I"m no expert, nor have I ever claimed to be one.  FrenchieCat   Mar-23-09 02:20 AM   #67 
     - Yes.  Political Heretic   Mar-23-09 12:58 PM   #80 
  - Here's how I view Krugman's nationalization plan  Hippo_Tron   Mar-23-09 02:59 AM   #75 
  - 'Bout matches my rithmatic.  yowzayowzayowza   Mar-23-09 09:10 AM   #76 
  - Wow. That's the most pathetic argument against nationalization I think I've ever seen.  Political Heretic   Mar-23-09 12:53 PM   #77 
  - Well, I think that with your superior intellect and clear understanding  FrenchieCat   Mar-23-09 12:59 PM   #81 
     - Sure thing. One of the better arguments against it is this:  Political Heretic   Mar-23-09 01:26 PM   #83 
  - Et Tu Geithner?  PM Martin   Mar-23-09 01:02 PM   #82 

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