Leading Liberal Economists Call for Bank Nationalization

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3 leading liberal PhD economists are calling for nationalization of American banks:

Nobel economist Joseph Stiglitz

Dean Baker

Nouriel Roubini

Obama has said that he will not nationalize banks.

I don't know if I nationalization is a good thing or a bad thing . But I do agree that the economic policies pursued by Bush and Obama simply aren't working.

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As a political activist for decades, I have rejoiced in victories for the people and mourned in defeats. I chose the pen name "George Washington" because - as Washington's biographies show - he wasn't a (more...)