Owning them is better than them owning us
Last updated 1/29/2009 at Noon
I am starting to hear talk going around about nationalizing banks to pull us out of this mess and I, for one, think this would be a good idea, starting with the Fed as the Fed is a prime driver of the disaster this nation is now facing.
Andrew Jackson knew that a central bank would kill government power and so did Lincoln. When Wilson instituted the Fed in 1913, he thought he was helping out the country. In 1921, he rued the day he did the deed and we, the US taxpayer, have been paying the price ever since.
Bernakie and Paulson, along with Bush, Reagan, Carter and Clinton, enabled WS and...