It is my understanding that the Federal Government strong-armed the lending institutions into making bad loans to minorities (based on some abstract egalitarian ideology). This had, in some measure, a hand in the present crisis. Therefore, I fail to see how a government take-over would be a solution. Further, unlike the banks, the government has a hand in my wallet. True, the banks are driven by unbridled greed, but the government can, apparently, be driven by any absurd conviction. And whether I want to pay for it or not has little bearing upon the ultimate decision. The imposition of the ‘American system’ upon the country is at the heart of the whole problem. And that problem is: how do we get rid of it? It is an unwritten fact that where corruption can fester, it will. The present system not only invites it, but rewards it.

Alas, the South was indeed right.