i think temporary nationalization of some failing banks could be a good idea because the gov could concentrate bad assets in those banks, the question is do we trust the government to make the right decisions and to know when the banks are healthy on their own
We can't trust what the government does in terms of business. What happens in a bad economy? Businesses shed off dead weight (like that Intel restructuring) and get lighter and more fiscally responsible. Government spend more and more thinking that printing money (and thus rasing inflation etc,) will solve all our problems.
The opposing side of that coin is can we trust businesses?
I think the correct answers to both these questions is no, I believe there is a balance between governement regulation and corporate freedom that must be met for our economy to prosper. The past 8 years have shown, in my opinion, (like serioiusly how many major corporate scandals have there been in the past 8 years) that the scales were tipped in favor of companies and when the scales are tipped either way its the people holding them up that get f***ed.
