Quote from vhehn:
republicans must feel like a fund manager who missed this rally and is now being forced into the realization that the train is almost out of site and he may have to chase it.
the market is turning. obamas programs while horribly expensive are starting to look like they are giving the market confidence. the republicans have been the party of no ideas and no contribution. can you imagine what happens to republicans in the next midterm election if the democrats can say look we saved the economy.
the republicans need to get rid of the far right wing of rush and palin and move to the center and govern or they could go extinct.
The banks will most likely need to be nationalized. The current banking plan is about as logical as trying to turn dirt into gold. It will take around four trillion to save all the worthless banks. The government has already put in 1 trillion. The tax payer is going to get raped in the coming years with the nationalization.
Whether you feel nationalization was mandatory or not is not the issue. The issue is that the democrats will be responsible for putting the chains around the neck of the tax payer.