In your main leader on Obama’s approach to the deepening economic crisis you attack him for vagueness (“The Obama Rescue,” February 14, 2009). He “promised a plan and came up with a concept,” as you put it. Actually, what is now needed is not a plan but a design. Nationalization of troubled banks, of which there are many across the United States, requires a bold step into redesign of capitalism. It must rest on entirely new institutions, too. Some form of state capitalism is now needed if the entire system is to be saved from debilitating depression, which will eventually affect the entire world economy on account of America’s size and importance. Of course, the new design cannot be had less than a month after Obama stepped into the Oval Office. However, it is troubling that he and his advisers do not yet recognize the nature of the problem they are actually facing. Sadly, your clamoring for a plan will not help him, either. At best, you will add to his confusion.