"Hank Paulson and the State of Exception" Malatesta,

The "bad loans" i.e. the tender of high interest money to people who could not make the payments, have caused a banking crisis and Henry "Hank" Paulson seeks to take complete control to impose decades of austerity on main street America; nationalize the insolvent companies and give a handout to the banks of "treasury" money.

Hmmmm....first off, wouldn't nationalizing a profitable company like an oil company make the money available and hurt far fewer people? Well, besides the obvious there is an amazing Constitutional crisis and a time for boiling anger. I wonder where and when some protests will erupt?