It is only a matter of Time before Obama Nationalizes the Big Banks
He does not want to be the one to have to do it (not on his watch) but he will have no alternative.
Not only will he have to nationalize the big banks, he will have to print greenback money just like Lincoln did to save the nation. He will have to get rid of the federal reserve and start printing U.S. government money and not federal reserve notes. Watch and see there is no getting around it.
Many believe that JFK was killed over an executive order stripping the Federal Reserve of its power to print money and returning the power to the US Treasury.
9. I think it is time to let the the big banks fail
The banks will only if the government takes them over, the banks are not willing to change their bad business practices. To me that is exactly why they should fail.
It keeps going back to basic business principals doesn't it? If a business has a good plan and sound practices the business should survive. The Credit Unions are doing just fine because they didn't get greedy and get sloppy.
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