Bank Nationalization Might Provide Confidence

Here is a novel idea.  The U.S. government should nationalize the big banks in the United States like Citibank and Bank of America.  Supposedly this would provide confidence to the American consumer and the rest of the world.

 Is this a trial balloon by Katie Couric and her network to see how people react?

 Why not just nationalize all the banks in the country?  Then the government could force the banks to start lending again.  Such a move would surely give confidence to the rest of the world economies.  It would probably do wonders for the stock market also.

This news report video of today, February 20, is only one minute long but it is amazing to say the least.  Maybe our new Socialistic ways haven’t seen nutin yet.

 Click here-

http://townhall.com/blog/g/ddab72f0-5646-45eb-a3c8-17a0057c3368

 

By admin · February 20, 2009 · Filed Under Economy

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