The MSNBC reports says that the Speaker of the House Nancy Pelosi, while speaking to reporters supposed that the discussion over the federal government's newest moves to support the banks is simply "semantics." She also added that any positions in the banks held by the government will be midway.
The movement towards nationalize the banking industry, or part of the banking industry, has been gaining steam of late. She said “Mike has been a trusted and valuable advisor to me for many years and I deeply appreciate his dedication and expertise in defense, intelligence and foreign affairs. He has helped shape the agenda this Congress has taken to develop and strengthen ties with other countries.”
Last Sunday, Nouriel Roubini, Paul Krugman and George Will, who appeared on a panel on ABC's "This Week," all uttered either support for the idea or resignation that it was already occurring.
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