Monday, February 23, 2009

Prominent Commentators Call For Bank Nationalization.

http://www.nytimes.com/2009/02/23/opinion/23krugman.html?th&emc=th http://www.nytimes.com/2009/02/22/opinion/22sun1.html http://www.huffingtonpost.com/2009/02/22/bank-nationalization-as-a_n_168948.html As I've been saying repeatedly, the banking system should be nationalized. Only I do not think that it should only be temporary. It's rightfuly ours as American tax payers. It's our money the federal government used to bail out the banks. We paid for it, and so we should all own it. The credit crisis, in my opinion, shows that the banks should not be trusted to private ownership. The American people should not have to keep cleaning up the messes caused by private in competance. Investers should not be allowed to gamble with our money.

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