Rand Paul actually said...

If increasing the supply of money and credit and low interest rates were a panacea, we should have seen some results.

Now we are suffering the consequences because it is a failed policy, and it is not working at all.

As to nationalization, it seems like the ghost of Eugene Debs is amongst us.

But the idea of using the term nationalization to justify bailing out bondholders seems counterintuitive and probably a mistake.