On the recordFebruary 19, 2009
If that does not work, nationalization may be the last resort, but it's a very, very, very last resort. It's a thing that -- you know, that industry fears the most.
Source
transcripts.cnn.comIf that does not work, nationalization may be the last resort, but it's a very, very, very last resort. It's a thing that -- you know, that industry fears the most.
David Gergen highlights nationalization as a last resort for banks.
Share & report
More from David Gergen
I think it's very clear that the President can have great influence on the states. You know, he issued guidelines, CDC issued guidelines, blessed by the President, and they did have an effect, but they were not orders.
I think the evidence is still coming in that this country is deeply divided.
I think there ought to be a delegation of Republicans like Mitch McConnell who ought to be talking to the President.
Gavin Newsom is not going to allow Washington D.C. to tell him what - how his citizens should live, and how they should behave.