A profoundly bad idea; you can bank on it

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This is an opinion item.

Author(s) The Orange County Register editorial board
Source The Orange County Register
Date January 27, 2009
URL http://www.ocregister.com/articles/banks-government-nationalized-2291781-influence-money
Quotes-start.png "The idea of nationalizing banks, however, should not be even remotely respectable. It's hardly a novel idea. Some countries have nationalized banks, and the result is almost always loans made on the basis of political popularity or political influence rather than economic feasibility or potential for profit." Quotes-end.png

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This item argues against the position United States should nationalize its banks on the topic Economic crisis of 2008.