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Do we have curb pick up there in Washington D.C.?
A couple of weeks ago, Sen. Richard C. Shelby (R-Ala.) and Sen. John McCain (R-Ariz.) were talking about nationalizing America’s weaker big banks. Now they just want to kill them, according to their comments on weekend news shows.
Shelby told ABC’s George Stephanopoulos on Sunday that he doesn’t think a middle-of-the-road approach from the Obama administration to the banking crisis would work. “I think they’ve got to close some banks,” he said, according to the network’s transcript. “They don’t want to do it. We’re—we’re going down the same road Japan was going down….I don’t want to nationalize them. I think we need to nationalize them.” Stephanopoulos asked Shelby what he meant by “close,” and Shelby replied: “Close—close them down, get them out of business. If they’re dead, they ought to be buried.”