A Comment About

Government Ownership of Banks: A Really Bad Idea

October 20, 2008 - 12:05 am - by Daniel J. Mitchell
mjk
2008-10-20 05:23:26

My solution would be no bailout, no money, no rescue. Let’s the chips fall where they may.

These banks deserve to fail and unfortunately, so do all the people with the bad mortgages.

The gov’t bailing them out will make our own situation much, much worse. Or will not change it at all.