A Republican and a Democrat agreed on Sunday that the government may have to take a larger ownership stake in the nation’s banks. But the Republican lawmaker seemed to go even further than the Democrat in backing the idea of nationalization.
 
“Let’s talk” about nationalizing the banks, Rep. Maxine Waters (D-Calif.) said on ABC’s “This Week.” But she also said the nation is not ready to “move to the point of a formalized nationalized banking program yet.”
 
Rep. Sen. Lindsey Graham (R-S.C.), who appeared on “This Week” with Waters, said the nation’s banks are in so much trouble,

“We’re going to have to do something that no one ever envisioned a year ago, no one likes.” 

Graham said he would not drop the idea of nationalizing the banks:

“Yes, this idea of nationalizing banks is not comfortable, but I think we have gotten so many toxic assets spread throughout the banking and financial community throughout the world that we’re going to have to do something that no one ever envisioned a year ago, no one likes — but, to me, banking and housing are the root cause of this problem. And I’m very much afraid that any program to salvage the bank is going to require the government…

What the heck, first we open the borders like Graham and his amigo John McCain favor, then we take over the banking system. We always new Graham was a RINO now he looks a little like Vladimir Lenin.

Waters told ABCs George Stephanopoulos that “the word ‘nationalization’ scares the hell out of people. And so the debate has been opened up now, and that’s good. Let’s talk about it.”

When Maxine Waters makes more sense then Lindsey Graham it may be time to pack up the U-Haul and head North.

Sen. Chuck Schumer (D-N.Y.) told Stephanopoulos,

“I would not be for nationalizing.” Schumer said the government is not good “at making these decisions as to who gets loans and how this happens.”

OK, Chuck Schumer is NOT for nationalizing banks, Maxine Waters thinks it’s not a good idea but Lindsey Goober Graham is all for it.

Republican Rep. Peter King of New York said that he and Schumer “are somewhat on the same page here on this. And Lindsey and Maxine are almost on the same page, which — I don’t know what this means about the world.”
 
“You may have to edit this program,” Graham joked.

How about if we simply end Graham’s next bid for reelection. Now that would speed up the editing process. Indeed!