Washington must be reading my blog...

...and just stealing the metaphors instead of heeding its advice. I told you - the banks will be nationalized. This has been part of the Master Plan from the start.

clipped from www.ft.com Nationalisation, long regarded in Washington as a folly of Europeans, is gaining rapid ground among US opinion-formers Lindsey Graham, a Republican senator for South Carolina, said that many of his colleagues, including John McCain, the defeated presidential candidate, agreed with his view that nationalisation of some banks should be “on the table”. “You should not get caught up on a word [nationalisation],” he told the Financial Times in an interview. “I would argue that we cannot be ideologically a little bit pregnant." Barack Obama has recently moved more towards what he calls the “Swedish model”: In the early 1990s, Sweden nationalised its banking sector then auctioned banks, having cleaned up their balance sheets. Mr Obama made it clear last week that he favoured this model over the piecemeal approach taken in Japan. Senior administration officials acknowledge that the financial rescue plan unveiled last week could result in the temporary nationalisation of some weak banks.