[quote=arraya]*Just an observation from a conspiracy theorist wacko…[/quote]

Self-deprecating humor much appreciated by yours truly, a nonconspiracy theorist wacko.

The IMF has had its blunders over the years, but typically their advise has been appropriate. The US would do well in following it: nationalize insolvent banks, break them up, and any parts that survive can be re-privatized later.

Having the taxpayers pay inflated, fairy-tale prices for bad assets that the real experts don’t want is really bad policy.