U.S. Is Investing $250 Billion in Banks

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From the NY Times: U.S. Is Investing $250 Billion in Banks

‚ÄúThese measures are not intended to take over the free market,‚Ä? he said, but to safeguard it.

Eerily mimics the famous line from Vietnam: "We had to destroy Ben Tre in order to save it".

Question: Does this increase or decrease the likelihood of infrastructure privatization?

1) Decrease: the Borg must assimilate all private assets

2) Increase: the Borg must sell off infrastructure/land/other assets to pay for its banks. The "golden share" strategy will grease the wheel of privatization.

1 Comment

Banks are still going to have a very tough time going into 2009, there will be a buying opportunity at some point.

David Levinson

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This page contains a single entry by David Levinson published on October 14, 2008 8:20 AM.

Mystery transportation blog was the previous entry in this blog.

as tax no longer hot issue is the next entry in this blog.

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