Cash injection for US banks?

[Piercezw]

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[kookaburra1952]

HOW SPOT-ON IS THIS?

Quote of the Week

'I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.'

Thomas Jefferson 1802

[dustynbones]

The Treasury is giving away Free Money!

But only to those who can afford it!

[carolm62]

Income Tax was also temporary....

But no worries. This will be temporary because it will be part of what causes a total economic collapse.

[carolm62]

So they want to do MORE of the very thing that created this mess -- buying banks with money they don't have...? Oh wow.

Republicans and Democrats BOTH did this to you.

Barr '08

[ReliableInsider]

Dan Mitchell, the Cato Institute Senior fellow fellow, is not making a very good case against the government becoming a shareholder. Congress has the power to pass banking regulations whenever it wants.

If the Cato Institute can't make a good case against *temporary* government ownership, then maybe there *is* no good case to be made against it.

[xsfslayer]

to nationalize or not to nationalize...

of course as long as it's temporary it will have some certain degree of benefit, but temporary is the keyword here or else you'll be that much closer to socialism.