Wednesday, April 8, 2009
Nationalizing Banks
The signs are there, we need to be aware! When banks wish to repay the TARP money early, and the federal government (Obama and his socialist friends) say "no, not until we say you are ready", does that bother anyone? Let's take a look at that scenario; some banks have already said they would rather give the money they took from the government back, but that the government is unwilling to accept the repayments. Why would the government not wish to be paid back, that's easy...now they have control over the banks. Now they can tell the CEO's how much money they can make, and even more disturbing, they can tell the banks who to loan money to, and who not to loan money to. That's the way we got into this mess to begin with, and now it's twice as bad. Nice way of nationalizing banks, wouldn't you say?
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