Web Letters: Great Depression II

Howl

By Nicholas von Hoffman

September 18, 2008

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  • Let's keep AIG, Fannie Mae and Freddie Mac nationalized, and remodel them to provide public services like low-cost health insurance and housing.

    Forget about privatizing them again, since the old system has failed. This is an opportunity for progressives to move away from free-market capitalism that has not existed since the 1930s. If we don't take advantage of it, the chance may not come around again for decades.

    Michael McHugh

    Des Moines, IO

    09/19/2008 @ 06:50am


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