Comments on: Bank Nationalization, Should We Or Shouldn’t We? http://weakonomics.com/2009/02/19/bank-nationalization-should-we-or-shouldnt-we/ Everything That's Wrong With You And Your Money Tue, 22 May 2012 16:00:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: rachel http://weakonomics.com/2009/02/19/bank-nationalization-should-we-or-shouldnt-we/comment-page-1/#comment-1603 rachel Sun, 22 Feb 2009 01:44:42 +0000 http://weakonomics.com/?p=1088#comment-1603 With the box of chocolates analogy--I'll pick my own flavor, thank you. I don't need or want the government choosing for me. I think the nationalization of banks is the beginning of the end of free enterprise. They pick who gets the loans. They pick which kinds of businesses ought to start up or survive. Connected politicians have impact on decisions that should be strictly financial or at least impartial. No, thank you. Or maybe just HELL, NO! With the box of chocolates analogy–I’ll pick my own flavor, thank you. I don’t need or want the government choosing for me. I think the nationalization of banks is the beginning of the end of free enterprise. They pick who gets the loans. They pick which kinds of businesses ought to start up or survive. Connected politicians have impact on decisions that should be strictly financial or at least impartial.

No, thank you. Or maybe just HELL, NO!

]]> By: Amy http://weakonomics.com/2009/02/19/bank-nationalization-should-we-or-shouldnt-we/comment-page-1/#comment-1591 Amy Fri, 20 Feb 2009 03:26:07 +0000 http://weakonomics.com/?p=1088#comment-1591 I don't think it's a good idea. I see nothing good that could come out of the government being in control of our banking industry any more than they already are. I think their control up to this point is what has helped to get us in this mess in the first place. Amy I don’t think it’s a good idea. I see nothing good that could come out of the government being in control of our banking industry any more than they already are.

I think their control up to this point is what has helped to get us in this mess in the first place.

Amy

]]> By: The Personal Finance Playbook http://weakonomics.com/2009/02/19/bank-nationalization-should-we-or-shouldnt-we/comment-page-1/#comment-1589 The Personal Finance Playbook Thu, 19 Feb 2009 16:46:43 +0000 http://weakonomics.com/?p=1088#comment-1589 I'll pass on nationalizing the banks. I think the plan would be to nationalize them just long enough to stabilize the markets and then make them private again...I don't have enough confidence that this would happen quickly and efficiently enough. Further, I think at some point you have to let market forces work. I’ll pass on nationalizing the banks. I think the plan would be to nationalize them just long enough to stabilize the markets and then make them private again…I don’t have enough confidence that this would happen quickly and efficiently enough. Further, I think at some point you have to let market forces work.

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