Nationalization Of Banks

I woke up this morning and realized that our banks have been nationalized for quite some time. A government official said this morning that they will need to "determine whether repayment (of TARP funds) is in the nation's economic interest".

I realize that this will shed more light on bad banks...good. Let the markets and the American people take this problem head on. My grandparents fought in WW2 and suffered through the great depression, we are borrowing our children's money to avoid the consequences of our own actions. Capitalism is the best way by far to improve the overall quality of life for a nation. Over the past decade we have witnessed crony capitalism. Congress and the senate accept monies from constituancies and then provide political favors in return. Our government is broken as a purely democratic institution.
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