Reply #4: Can the sophistry. [View All]

[JackRiddler]

The crisis costing these millions of jobs is a direct result of government serving the banking class. Giving more to BoA, Goldman Sachs and Citigroup et al. will not even delay the inevitable crash of a corrupt, unsustainable system. It just gives them more of a real-money haul in exchange for fictional values that should be written down to zero, and then the crash happens anyway because the whole world can't pay off the derivatives fantasies.

Nationalization is coming, one way or another. The primary causes are capitalism and its banking system acting in an inherent, inevitable fashion.

So, contrary to your sarcastic strawman, I think "we" -- if "we the people" are in any way the government -- should do something: provide credit or money in an intelligent fashion to productive activity for an economic recovery. Bypass the banks.