If absolutely everyone hates the Geithner Plan across the board, does it make it A) the only existing compromise in an awful situation, B) the worst existing possible plan of all options, or C) both?
It's no longer a question of "Will Obama nationalize the banks?" but when will he do so.
He doesn't want to nationalize the banks. He can't openly say he's going to. But eventually he will have to.
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