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.
