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Who thinks the Would anyone agree that this
is a Caesar effect? Meaning
once the government gets hold
of the banking industry they
will not let go. Don't get me
wrong I am all for a strong
governmental leadership, but
this is ridiculous. The U.S.
government can't manage its
own finances how can we expect
it to control private
interests! I know the economy
is in trying times but
nationalization of banks is
not the answer.
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Nationalization for the long term is not a good idea and I question it even for the short term, but then again it might be necessary for a short period. What needs to be done is three fold. First, any bank, securities and exchange or anything that deals with other peoples money, must be strictly regulated. No exceptions. Self regulation is the problem here and it has proved to be a failure. Second, any company or organization that is too big to be 'allowed' to got bankrupt or out of business, must to be split up. This is simply the too many eggs in one basket lesson. Third, any executive who does not put the companies depositors and shareholders interests first, gets fired with no parachute and, if illegal actions occurred, gets jail time. To that one poster, Obama has not been talking about nationalizing the banks. It is an RNC talking point pure and simple. |
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How do you fell about the |
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Socialism,Central Banking and a Welfare state.These three things cannot co-exist with a Constitutional Republic. |
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Is government housing the only if all the other rules of
"receiving taxpayers monies"
..applies to the housing
industry then.......it is just
a matter of time for
government housing for all?
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I'll be happy when all this foolishness ceases |
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Did the paranoiac aversion to Look closely at the
acquisitions taking place. It
is NOT China that is doing the
buying.
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Probably it certainly had an effect. |
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Is nationalization the cure Well, compare the financial
charts of Venuzeula and the
USA and decide for yourself.
Some vital national assets
cannot be left to precious few
capitalists. The tend to
become very greedy. From
Stardard Oil to Enron, there
are dozens of examples. Exxon,
Fannie Mae, Bear Sterns etc.
are the current culprits.
Never again.
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Sure, Venezuela is doing great with nationalization. Just wonderful. |
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