Bank Nationalization

Bank nationalization is the latest Bad Idea in Washington.

This idea is chock full of fail.

Long regarded in the US as a folly of Europeans, nationalisation is gaining rapid acceptance among Washington opinion-formers

Because it is a folly and nationalization of anything, let alone banks, has no place in a free market.

Since government melding in banks got us into this mess I don’t see how having the feds more in charge is going to help.

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