If banks are nationalized, what is the argument for EVER giving them back to rich assholes?

[yurbud]

The only thing I don't get about bank nationalization is the temporary part. It's like saying you are going to take Jeffrey Dahmer's knives and saws away until we can clean up his apartment for him--THEN we'll give them back to him.

It is not just their collapse but their abusive credit card practices and more that we cannot allow them to regain control of.

What am I missing here?

What is the argument for giving them back besides allowing the rich to get richer by screwing the rest of us?

[aquart]

1. The amnesia of greed. It's an amazing force.

[Mike 03]

2. Who are you talking about? Not the shareholders, I hope.

You mean the management that has no incentive to do the right thing because of their five million dollar bonuses?

I wish there were some fully developed context for your post. I think I agree, but I can only guess what you mean.

[Uncle Joe]

3. National Masochism.

I hear, that some people enjoy being whipped, because they view them selves as having been naughty for enjoying life too much.

[Downtown Hound]

4. Why, they would do it better than the government ever could!

Bwhahahahahahahaha!

Sorry, I had a hard time keeping a straight face while I typed that.

[Redstone]

5. No argument that I can think of, and I'm a capitalist. The whole thing is a fucking disgrace.

Maiking money is fine, and desirable, and good for society, but those fucking pigs need to be stopped.

Redstone

[dkofos]

6. If the top 5 levels of management are in jail they won't be getting their jobs back.

[BlooInBloo]

7. The re-instatement of proper regulations. Durr.

[On the Road]

8. State-Managed Enterprises

are not usually run very well and are overly subject to political rather than economically sound decisionmaking. That is especially important given the precarious situation of most of the banks.

I would like to see the government get a good return on their investments in the banks, but beyond that they need sound regulation.

Although maybe the government could have a seat on the board -- it might counter the usual cronyism.

[readmoreoften]

10. Not run very well? How can they DO WORSE?

I mean, the banking system failed on its own. How can the government do worse than fail?

[dysfunctional press]

11. so- should we privatize the police, fire dept. and military?

seeing as the private sector could OBVIOUSLY do a better job of running them...? :shrug:

[yurbud]

12. the government could create a stable bank. trust fund babies are always looking for...

a greater return with less work and less risk for themselves, which does the kind of damage to society we are seeing now.

[damntexdem]

9. Sorry, but the reason why is classified.

Or maybe it's the last banking secret the Swiss will hold onto.

;-)