| 1. October 2008 | Uncategorized | JureFunding the Bailout: A Contingent Surtax on the Rich
The contingent consensus of the Left Blogosphere seems to have been to go for the Swedish solution if the Paulson solution is rejected — that is nationalize banks with inadequate capital. I think this is still politically impossible. Even if the Democrats go alone and Bush is afraid to veto, the blue dogs will be blue dogs.