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PAUL KRUGMAN: Banking on the Brink

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Sheila Samples
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Comrade Greenspan wants us to seize the economy?s commanding heights. OK, not exactly. What Alan Greenspan, the former Federal Reserve chairman ? and a staunch defender of free markets ? actually said was, ?It may be necessary to temporarily nationalize some banks in order to facilitate a swift and orderly restructuring.? I agree.
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

Related Topic(s): Banking; Banking Crisis; Markets; Paul Krugman, Add Tags

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