Everyone Is Doing It: Nationalization

The banks are not well. They are not comfortable anymore because they made very bad decisions. They traded with the wrong sort of people and now they owe those people money. The government is to blame because they allowed the banks to survive like wild animals, with the mind set that the strongest would survive and our economy would flourish as a result. The idea of allowing money-hungry executives to have few rules was obviously not well thought out because as seen on the Animal Channel in the case of lions it is very hard to get greedy. Lions usually find food to sustain them for the day but unlike the banks, lions know that without patience they may go hungry because their meals are not guaranteed. The banks invested money in half baked propositions and are now in need of help. 

Leaders from around the world met not too long ago discussed the problem of the banks and this is where nationalization comes in; the government proposes to funnel $250 billion into the banks in an attempt to save our ailing economy. The government will distribute $125 billion among larger banks and the other $125 billion will be shared among smaller banks.

While it may seem that the government is looking out for the banks by being a hero of sorts in the banks' time of trouble. The reality is the government is helping the banks because in doing so, the government will own part of the banks; making the banks nationalized. The banks were last nationalized in 1930s.

Nationalization of the banks was not bad idea because, now that the bank are  better off, our economy should soon follow. Hopefully.