[Pen-l] [permanent] nationalization with haircuts

["Charles Brown" <charlesb@xxxxxxxxxxxxxxxxxxxxx>]

NO legislation, not
even any constitutional amendment, is permanent. The very word applied
to any action of the state is a serious lie.

Carrol

^^^
CB: I agree with Carrol that
 no law can
bind future generations not
 to repeal
said law.

However, in the US system 
Constitutional
Provisions are most permanent ,
or require the most onerous 
process to change.

So, the slogan might be for a
Constitutional Amendment 
requiring that all banks 
that are "too big to fail " , 
banks 
whose failure would cause 
a systemic
 threat must be owned by
the federal government.



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