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Reply #12: Lets Say Feds Wanted To Nationalize. Can They? Enough Employees? [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009)

Median Democrat

(1000+ posts) Send PM | Profile | Ignore

Mon Mar-02-09 06:00 PM
Response to Reply #9

12. Lets Say Feds Wanted To Nationalize. Can They? Enough Employees?

This is the issue that is hinted at, but never discussed at length. Everyone agrees that nationalization is a massive undertaking. Okay. How massive, and is it so massive, that it cannot be done as a practical manner. Does the federal government even have enough FDIC employees to pull it off? As far as I know, the FDIC is being stretched to the limit, and is taking over banks at a rate of about 2 a week. Who is going to nationalize the banks even if the Obama administration wanted to do it?

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